Tag: AB InBev

Tanzania Breweries Limited eliminates use of PET packaging in production lines, shifts to aluminium cans

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TANZANIA – Tanzania Breweries Limited (TBL), a subsidiary of AB InBev, has completely eliminated the use of polyethylene terephthalate plastic (PET) bottles in packaging of its non-alcoholic malt beverage Grand Malt, to exclusively use aluminium cans. The new packaging is in line with the company’s shift from the use of polyethylene terephthalate plastic (PET) bottles in its production lines, keeping with its commitment to promoting sustainable and circular packaging. This change also takes the parent company one step closer to achieving its 2025 Sustainability Goal of having 100% of its…

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South African Breweries rekindles hope for SA market, plans to invest US$147m in plant upgrades

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SOUTH AFRICA – South African Breweries (SAB), subsidiary of AB InBev, has now walked back on its investment plans in the South African economy, announcing it has allocated R2 billion (US$147m) for its home operations. This comes months after the maker of Castle Lager beer was forced to pull the plug on billions of Rands in planned operational investments in the country. At the height of the COVID-19 pandemic in August 2020, the brewer withdrew a R2.5bn (US$164m) capital and infrastructure upgrade expenditure for the year, and later on in…

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AB InBev transfers Jose Moran to be Tanzania Breweries’ Country Director from Zambian Breweries

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ZAMBIA – Zambian Breweries Plc, a subsidiary of AB InBev, has made changes in its leadership team with the appointment of Michelle Kilpin, who is currently Innovation Director – Africa Zone for AB InBev, to be its new Country Director. Ms. Kilpin replaces Jose Moran who has held the position since September 2017 and will be leaving the business to take up a new appointment at the same capacity in the brewer’s sister company, Tanzania Breweries Limited (TBL). The new appointee has a Bachelor of Commerce degree from the University…

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Anheuser-Busch signs new agreement with Canteen Spirits RTD cocktails to expand beyond beer portfolio

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US – Anheuser-Busch, a subsidiary of the world’s largest beer company AB InBev, has signed a distribution deal with Ready-to-drink cocktail company Canteen Spirits, expanding its Beyond Beer portfolio. Anheuser-Busch’s parent company is also reported to have invested an undisclosed sum in the ready-to-drink cocktail company through its investment and innovation arm ZX Ventures. Following the deal, Canteen Spirits will join Anheuser-Busch’s Beyond Beer portfolio, which launched in 2018 to capitalize on the growing seltzer, wine, spirits and malt-based beverages segment. Canteen Spirits makes a vodka-based cocktail called Canteen with…

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AB InBev names new CEO to succeed Carlos Brito, reports 17.2% rise in Q1 revenues

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BELGIUM – Michel Doukeris, president of the AB InBev’s North America business, has been unveiled as the CEO designate, to take over from Carlos Brito who has been at the helm of the company for 15 years. Carlos Brito has been credited as the man behind Anheuser-Busch InBev transformation into the world’s largest brewer through a series of high-profile deals. Brito, a 60-year-old Brazilian, has worked with AB InBev for over 32 years and he oversaw the integration of U.S. brewer Anheuser-Busch with the Belgian-Brazilian conglomerate InBev. More recently, he…

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Zambian Breweries embarks on long-awaited US$18m expansion plan to meet local demand

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ZAMBIA – Zambian Breweries is determined to grow the country’s manufacturing sector despite the harsh economic conditions by investing in projects that stir production and boost the local value chain. The country’s largest brewery has launched a multi-million-dollar expansion project to address growing demand and improve quality, further stamping its dominance in the local alcohol industry. The subsidiary of the world’s largest brewing company, Anheuser-Busch InBev (AB InBev), seeks to upgrade its Lusaka and Ndola plants with cutting-edge technology, to increase its annual brewing capacity by a third and address…

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AB InBev invests in animal-free egg protein as Diageo launches Guinness Nitro Cold Brew Coffee

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US – AB InBev, through its investment arm ZX Ventures, is venturing into large scale development of sustainable, animal-free egg protein to address global food challenges while its competitor Diageo has added a new coffee-infused product to its Guinness brand. According to a report by FoodBev, ZX Ventures is partnering with Clara Foods in this new initiative that will “focus on unlocking the potential of precision fermentation at a large scale.” Clara Foods specialises in engineering, manufacturing and formulating animal-free proteins using precision fermentation. The R&D partnership will combine AB…

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SAB introduces new Gin & Tonic drink dubbed Black Crown alongside Shine Club wine

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SOUTH AFRICA – South African Breweries has expanded its ready to drink alcohol beverage portfolio, with the launch of Black Crown Gin & Tonic. The drink with an alcohol by volume of 5%, is an easy drinking gin and tonic mixer, that has a crisp citrus aroma, where juniper gives way to refreshing lemon notes. Excitingly announcing its launch, Ricardo Moreira Zone President Africa at Anheuser-Busch InBev, said, “I’d like to take a moment to give a big congratulations to the ZX Ventures Team for their launch of Black Crown…

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SAB to launch new B-BBEE scheme with US$371m worth of AB InBev’s shares

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SOUTH AFRICA – The South African Breweries (SAB), subsidiary of AB InBev is set to launch its new B-BBEE scheme SAB Zenzele Kabili which will own R5.4 billion (US$371m) worth of the parent compay’s shares, after the maturation of its SAB Zenzele in May 2021. SAB Zenzele is the largest B-BBEE scheme in the history of South Africa in the fast-moving consumer goods sector, with a total maturation value of R9.7 billion. Launched in 2010, the landmark scheme transaction endeavoured to give the company’s retailer partners – taverners, bottle store…

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Anheuser-Busch doubles down on barley upcycling, invests US$100m in production capacity expansion

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 US – Anheuser-Busch, a subsidiary of the world’s largest brewing company AB InBev, is investing US$100 million to expand the production capacity of its subsidiary that takes barley after it is used to make beer and repurposes it to be incorporated into food and other beverages. The funding is part of Anheuser-Busch’s pledge in February to invest more than US$1 billion in its U.S. facilities during the next two years and is anticipated to create 50 jobs. The maker of Budweiser and Michelob Ultra said it is renovating a building…

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