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 […]

AB InBev to sell Australian business to Asahi Group for US$11.3b

AUSTRALIA – AB InBev has agreed to sell its Australian business unit, Carlton & United Breweries (CUB) to Asahi Group Holdings, Ltd for AUD 16 billion (US$11.3 billion). As part of the transaction, AB InBev […]

South African Breweries appoints Zoleka Lisa as vice president corporate affairs

SOUTH AFRICA – Anheuser-Busch InBev’s South African Breweries (SAB), subsidiary of has appointed Zoleka Lisa as its vice president corporate affairs for South Africa, SAB said Lisa, who assumed office on 01 July 2019, will […]

Tanzania Breweries commits to improving local barley productivity

TANZANIA – Tanzania Breweries Limited (TBL), a subsidiary of AB InBev, has pledged to support barley farmers while encouraging them to adopt modern technology and practices that will increase efficiency and productivity. Speaking during the […]

ZX Ventures acquires UK beer subscription service BeerBods

UK – AB-InBev’s investment arm, ZX Ventures has secured a deal to acquire UK online beer club and subscription service, BeerBods. BeerBods said in a statement that it has entered into an exclusive partnership with […]

International Breweries records loss of US$10.49m despite 230% growth in revenue

NIGERIA – International Breweries Plc, the Nigerian unit of Belgian brewer Anheuser-Busch InBev recorded a net loss of US$10.49 million (N3.8bn) for the year ended December 2018 despite a strong revenue growth of 230% to […]

AB-InBev’s ZX Ventures buys remaining stake in Jewish brand Babe Wine

USA – AB-InBev’s venture capital arm, ZX Ventures is set to acquire the remaining stake in the American wine brand, Babe Wine, expanding its industry leading portfolio of wine brands. AB-InBev, the world’s biggest brewer […]

AB InBev launches new recyclable polymer keg to extend beer freshness

BELGIUM – Global beer company, AB-InBev has launched a new, recyclable polymer keg capable of extending the freshness of beer compared to the traditional steel keg. The keg system called PureDraught can keep the beer […]

AB InBev’s ZX Ventures invests in blockchain technology platform BanQu

USA – ZX Ventures, the venture capital arm of the global beer company AB InBev has invested in in Minnesota-based BanQu, a blockchain startup in its Series A funding round. Founded in 2015, BanQu, Inc. […]