Anheuser-Busch InBev and SABMiller breaching merger conditions – says Distell

SOUTH AFRICA – Distell, South Africa’s wine and spirit producer is accusing the entity formed from the 2016 merger of the world’s largest beer companies Anheuser-Busch InBev and SABMiller of breaching merger conditions. Distell approached […]

AB InBev Asian business resumes plans of Hong Kong listing

ASIA – World’s largest brewer, Anheuser-Busch InBev has resumed plans of listing its Asia Pacific business in Hong Kong, two months after back tracking from the planned initial public offering (IPO). AB InBeV now says […]

Competition Tribunal approves SAB’s acquisition of Smirnoff franchise rights

SOUTH AFRICA – The Competition Tribunal of South Africa has conditionally approved South African Breweries’ (SAB) proposed acquisition of franchise rights for Smirnoff ready-to-drink and Guinness-branded products from Diageo. SAB is the local subsidiary of […]

Zambian Breweries half year profits surge 40% on increased sales

ZAMBIA – Zambian Breweries Plc, a subsidiary of AB InBev, has reported 40 percent growth in profits after tax to K193 million (US$14.72m) in the half-year period ending June 2019, driven by increased sales. The […]

AB InBev acquires Platform Beer Co to expand capabilities in US

USA – Belgium based multinational drink and brewing holdings company Anheuser-Busch (AB InBev) has acquired Cleveland-based Platform Beer Co as it seeks to tighten its grip in the US craft beer sector. The deal, whose […]

AB InBev’s ZX Ventures sells homebrew supply retailer Northern Brewer

USA – AB-InBev’s venture capital arm, ZX Venture, has sold homebrew supply retailer Northern Brewer to an affiliate of Blackstreet Capital Holdings for an undisclosed sum. Blackstreet Capital Holdings is a US-based holding company run […]

South African Breweries eyes the growing zero and low-alcohol beers market

SOUTH AFRICA – South African beer market is slowly taking up a growing global trend of consuming no- and low-alcohol beer (Nablab) categories, says South African Breweries (SAB). Zoleka Lisa, vice president for corporate affairs at […]

AB InBev rolls out blockchain technology to empower farmers across Africa

AFRICA – The world’s largest brewer, AB InBev, is rolling out block chain solution that seeks to empower smallholder African farmers in its supply chain. AB InBev Africa is partnering with US based fintech company […]

Delta Corporation reports subdued performance as lager sales slip 57%

ZIMBABWE – Delta Corporation, Zimbabwe’s largest beverage manufacturer, reported a decline in its performance for the first quarter ended 30 June 2019 on the back of declining sales. The company saw its lager beer volumes […]

South African Breweries gets nod to acquire Diageo’s Smirnoff franchise rights

SOUTH AFRICA – The Competition Commission has conditionally approved South African Breweries’ (SAB) bid to acquire franchise rights of Diageo’s Smirnoff ready-to-drink (RTD) brands in South Africa. This will see SAB, South African subsidiary world’s […]