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…
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…
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…
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…
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…
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,…
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…
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.…
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…
USA – AB InBev, a multinational drink and brewing holdings company, has reported a 11% loss in shares in third quarter sales results 2018, with 50% dividend cuts as it pays down 2016 SABMiller acquisition. The world’s largest brewer Anheuser-Busch InBev has cut its dividend in half and reported weak third-quarter profits hit by slower…
