NIGERIA – Nigerian subsidiary of AB InBev, International Breweries Plc, has announced the appointment of Mr. Eduardo Caceres as an…
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AB InBev to incur US$1.1B impairment charge following decision to fully exist Russia
BELGIUM – World’s largest beer company AB InBev is facing an imparment charge of US$1.1 billion following its decision to exit…
Read MoreAB InBev expands seltzer capacity with US$50m investment in St. Louis brewery
USA – Anheuser-Busch, the American subsidiary of Belgium-based brewing giant AB InBev, is investing US$50 million in its St. Louis…
Read MoreAB InBev, Molson Coors full year results eclipse pandemic levels driven by recovering beer demand
BELGIUM – Alcoholic beverage giants AB InBev and Molson Coors have reported strong full year sales for 2021 mainly driven…
Read MoreSAB taps expertise of parent company’s executive to be its new CEO, Nestle names MENA region Chairman
SOUTH AFRICA – South African Breweries (SAB), subsidiary of AB InBev, has appointed Richard Rivett-Carnac as the company’s new CEO.…
Read MoreAB InBev’s venture arm ZX Ventures backs SA alcohol free drinks company The Duchess
SOUTH AFRICA – AB InBev’s corporate venture capital and innovation arm ZX Ventures has partnered with Rand Merchant Bank (RMB)…
Read MoreAB InBev bets on hi-tech natural barley cultivars to boost beer-making capacity
SOUTH AFRICA – Anheuser Busch InBev (AB InBev), world’s largest brewer is seeking to introduce a new barley cultivar from…
Read MoreInternational Breweries grows revenue by 32.1% in Q3 2021 riding on consumer loyalty
NIGERIA – International Breweries Plc, the Nigerian unit of global brewer – AB InBev, has reported a 32.1% increase in…
Read MoreAB InBev upgrades full-year earnings forecast following unexpected profit rise in Q3
BELGIUM – AB InBev, the world’s largest brewer, has upgraded its full-year earnings forecast following an impressive Q3 where it…
Read MoreSouth Africa Breweries switches to renewable energy in production of Castle Lite
SOUTH AFRICA – South Africa Breweries has resorted to using renewable energy in brewing its extra cold refreshment, Castle Lite,…
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