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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 […]
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 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 […]
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 […]
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 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 […]
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 […]
CHINA – World’s leading brewer, Anheuser-Busch InBev has announced that it will not proceed with initial plans to issue an initial public offering of its Asia Pacific business on the Hong Kong Stock Exchange. The […]
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 – 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 […]