AB InBev’s Accra Brewery Limited appoints Shaun Raposo as new country director

GHANA – Accra Brewery Limited (ABL), a subsidiary of multinational brewer Anheuser-Busch(AB) InBev, announced the appointment of Mr Shaun Raposo to the position of Country Director of the company. Mr Shuan Raposo replaces Philip Redman, who has been serving in the position since is appointment in March, 2017. In a statement issued by Ms. Adwoa…

AB InBev’s investment arm ZX Ventures acquires remaining RateBeer stake

USA - ZX Ventures, the venture capital fund backed by AB InBev has acquired 100% ownership of the beer rating website RateBeer, according to founder Joe Tucker’s statement on the company website. RateBeer is a quality-focused organization and widely recognized as the most in-depth, accurate, and one of the most-visited source for beer information. ZX…

AB InBev brews Budweiser beer with 100% renewable energy in Canada

CANADA – AB InBev has said that its American-style pale lager, the Budweiser is brewed using 100% renewable electricity in Canada, a part of the initiative to produce high quality beer while preserving the planet for the future. Budweiser Canada’s sustainable energy initiatives are supported by Direct Energy, one of North America's largest retail providers…

AB InBev partners Benson Hill to improve barley varieties and sustainability

USA – The world’s largest brewer, AB InBev has formed a strategic partnership with an agricultural biotechnology company, Benson Hill to improve barley quality and sustainability. The partnership will utilize Benson Hill Biosystems’ platform Breed, powered by CropOS to advance barley breeding. According to AB InBev, the strategic collaboration positions it a position to provide…

AB InBev to refinance US$100b debt through mega bond sale

SOUTH AFRICA – Multinational brewer, Anheuser-Busch InBev (AB InBev) plans to sell senior unsecured bonds in six parts presenting one of the biggest bond sales of the year as it seeks to refinance part of its US$100 billion debt load. According a report by Bloomberg, the sale comes in line with a tender offer of…

AB InBev partners Tilray on cannabis beverage research in a US$100m JV

CANADA – The world’s largest brewer, AB InBev and the Canadian producer and distributor of cannabis, Tilray have joined hands to foster research and innovation on cannabis infused beverages through a US$100 million Joint Venture partnership. The research partnership which is limited to Canada will enhance development of non-alcohol beverages containing tetrahydrocannabinol (THC) and cannabidiol…

AB InBev credit rating downgraded as it struggles to pay US$100b debt, report

SOUTH AFRICA - Anheuser-Busch InBev (AB InBev), an international brewing company's credit rating has been downgraded to the lowest tier of investment-grade following Moody’s warning that the company is struggling to pay its US$100 billion debt load. According to Moody’s Investor Service, a US based credit firm, the brewer’s Senior Unsecured debt ratings were lowered,…

AB InBev and SA Breweries to launch alcohol-free grain snack to support farmers

SOUTH AFRICA - South African Breweries in partnership with the parent company AB InBev are piloting a savoury, alcohol-free grain snack, made from locally grown grain to support emerging farmers and community development initiatives, reports ANA. The snack, called Castle Lager Better Bites is packaged in 40g packs and available for purchase at five tavern…

AB InBev and coffee maker Keurig launch home cocktail machine in the US

USA – Keurig Dr Pepper has partnered with AB InBev to launch Drinkworks Home Bar, a pod-based cocktail-making machine for people who struggle to stir, mix, or shake their own cocktails at home. The machine is able to prepare cocktails, brews, ciders by calculating the precise amount of water and carbonation needed for each proprietary.…

AB InBev and SA Breweries invest US$30m in new production line

SOUTH AFRICA - Anheuser-Busch (AB) InBev Africa and South African Breweries (SAB) have invested US$30.92 million in a new production line launched at SAB’s Ibhayi Brewery in Port Elizabeth. This is the second line at the brewery, which was commissioned in 2001 with US$45.91 million in investment. According to Engineering News, the new packaging line…