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Tag "SABMiller"

SABMiller packaging shows beer temperature

UK-based beverage company SABMiller has launched a new smart sensor technology that shows the perfect drinking temperature of beer. Based on a colour-changing ink concept, the sensor is enclosed in

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Emerging Markets Drive SABMiller

    Emerging Markets Drive SABMiller

SABMiller, the world’s second largest brewer, has reported an 11% increase in revenue to $31.4 billion and a 12% rise in EBITA to $5.6 billion, with underlying lager volumes up

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Directorate and Senior Management Changes at SABMiller

    Directorate and Senior Management Changes at SABMiller

SABMiller has announced a number of directorate and senior management changes that will all become effective from the date of this year’s annual general meeting on 26 July 2012. Meyer

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SABMiller’s Lager Volumes Decline in Europe

    SABMiller’s Lager Volumes Decline in Europe

Global brewer SABMiller has reported a 1% organic decline in full year lager volumes in Europe as beer market growth continued to be subdued and competitors aggressively promoted economy brands

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SABMiller and Anadolu Efes Complete Strategic Alliance

    SABMiller and Anadolu Efes Complete Strategic Alliance

International brewers SABMiller and Anadolu Efes have completed their strategic alliance covering Turkey, Russia, the CIS, Central Asia and the Middle East, which was originally announced last October. SABMiller has

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SABMiller Appoints New Group Chief Brewer

    SABMiller Appoints New Group Chief Brewer

SABMiller has appointed Professor Katherine Smart (pictured) as group chief brewer to replace Professor Barry Axcell, who is retiring at the end of July 2012 after almost 35 years of service

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SABMiller and Molson Coors Move into Fast Growing US Cider Market

    SABMiller and Molson Coors Move into Fast Growing US Cider Market

SABMiller and Molson Coors, through their MillerCoors brewing joint venture in the US, have moved into the cider market, the American beer industry’s fastest-growing category. Tenth and Blake Beer Company,

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SABMiller’s Acquisirion of Foster’s Approved

    SABMiller’s Acquisirion of Foster’s Approved

The Australian competition authority has approved SABMiller’s acquisition of Foster’s Group, the Austrialian brewer, and the 50% of soft drinks business Pacific Beverages currently owned by Coca-Cola Amatil. SABMiller has

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SABMiller Continues Investment in Developing Markets

    SABMiller Continues Investment in Developing Markets

SABMiller is to invest a total of $555 million to expand the capacity of its subsidiaries in the developing markets of Uganda, Ghana, Zambia and Tanzania in Africa, and Peru

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Developing Markets Drives Sales and Earnings Growth at SABMiller

    Developing Markets Drives Sales and Earnings Growth at SABMiller

Global brewer SABMiller has increased lager volumes by 3% on an organic basis for the six months to September 30th 2011 led by robust growth in Latin America, Africa and

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SABMiller Wins Foster’s

    SABMiller Wins Foster’s

As expected, SABMiller’s sweetened bid for Foster’s has been recommended by the Australian brewer’s board. The agreed proposal represents an acquisition enterprise value of A$11.5 billion, which is a 2.8%

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SABMiller Expands in China

    SABMiller Expands in China

SABMiller, through its joint venture with China Resources Enterprise, has strengthened its position within the fast growing Chinese beer market. China Resources Snow Breweries has entered into an agreement with

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Foster’s Board Rejects SABMiller’s Hostile Offer

The board of Foster’s intends to advise shareholders to reject SABMiller’s proposed offer of A$4.90 per share in cash. Indeed, the board has reiterates its belief that the offer, at

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SABMiller Makes Hostile Bid For Foster’s

    SABMiller Makes Hostile Bid For Foster’s

SABMiller has made a hostile move to acquire Foster’s after its initial offer was rejected by the Australian brewer’s board. SABMiller first approached Foster’s on June 20th 2011 with a

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SABMiller to Renew Foster’s Bid

    SABMiller to Renew Foster’s Bid

SABMiller is reported to be planning to renew its efforts to acquire Australian brewer Foster’s. Foster’s is due to report a major fall in brewing profits when it announces its

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Heineken Starts Amstel Brewing in Russia

    Heineken Starts Amstel Brewing in Russia

Heineken has commenced the brewing of its Amstel brand at its St Petersburg brewery in Russia. Heineken is reported to be aiming to capture a 1% share of the Russian

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Foster’s Rejects A$11.2b SABMiller Approach

    Foster’s Rejects A$11.2b SABMiller Approach

Foster’s Group, the largest brewer in Australia, has rejected an unsolicited A$11.2b (Eur8.3b) acquisition approach from SABMiller. The proposal to acquire Foster’s is in line with SABMiller’s strategy to create

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Sales and Profits Fall at Plzensky Prazdrof

    Sales and Profits Fall at Plzensky Prazdrof

An increase in the excise duty on beer and adverse economic conditions in its domestic market have hit sales and profits at Plzensky Prazdrof, the Czech brewer which produces the

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Diageo and SABMiller End Brewing and Distribution Agreement

Diageo, through its subsidiary East African Breweries, has agreed to purchase SABMiller’s 20% shareholding in Kenya Breweries for $225m. The deal is subject to EAB disposing of its 20% shareholding

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Solid Performance By SABMiller

    Solid Performance By SABMiller

Global brewer SABMiller has reported a 7% rise in group revenue to $28.3b, with organic, constant currency group revenue growth of 5% for the twelve to March 31st 2011. Lager

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SABMiller Opens New £3 Million Research Brewery in the UK

    SABMiller Opens New £3 Million Research Brewery in the UK

SABMiller today announces that it has commissioned a £3 million global brewing research facility in Nottingham, with the aim of pioneering new developments in the science of brewing.  Housed within

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Board Changes at SABMiller

    Board Changes at SABMiller

Malcolm Wyman, chief financial officer of SABMiller, has confirmed his intention to retire from the company at the end of August 2011, and will stand down from the board on

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SABMiller’s Lager Volumes Down in Europe

  SABMiller’s Lager Volumes Down in Europe

Global brewer SABMiller has reported that its lager volume in Europe declined by 3% in the 12 months to March

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Brewery Expansion by SABMiller

  Brewery Expansion by SABMiller

SABMiller is investing an additional $15m in its operations in South Sudan to increase production capacity and build on the

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SABMiller to Build New $100 Million Brewery

  SABMiller to Build New $100 Million Brewery

SABMiller will invest over $100m in building a new greenfield brewery in Onitsha, in South Eastern Nigeria. The Anambra State

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Ten Brewers Control 61% of Global Beer Market

  Ten Brewers Control 61% of Global Beer Market

Worldwide beer consumption has increased by over 3% per annum during the last ten years and the top ten brewers

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SABMiller Reveals Europe’s Most Popular Beer Drinking Destination

  SABMiller Reveals Europe’s Most Popular Beer Drinking Destination

Prague, Amsterdam and Berlin have been named the top European destinations for a beer, according to a new report into

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SABMiller Enters Argentinean Beer Market

  SABMiller Enters Argentinean Beer Market

SABMiller, one of the world’s largest brewers, has acquired Cerveceria Argentina SA Isenbeck (CASA Isenbeck), the third largest brewer in

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Global Spread and Big Brands Drive Profit at SABMiller

  Global Spread and Big Brands Drive Profit at SABMiller

SABMiller, one of the world’s leading brewers with operations and distribution across six continents, has increased reported EBITA by 13%

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Foster’s Turns Down Offer for Wine Business

  Foster’s Turns Down Offer for Wine Business

Foster’s, the Australian brewer and wine maker, is reported to have rejected a cash offer of up to A$2.7b (£1.6b)

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SABMiller Interested in Foster’s

  SABMiller Interested in Foster’s

SABMiller, the world’s second biggest brewer, is reported to be considering launching a £7b bid for the beer business of

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SABMiller Calls For Greater Environmental and Social Disclosure

SABMiller, the world’s second largest beer company, is calling on the brewing industry to improve disclosure on environmental and social

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SABMiller Unveils Low-energy Boiling Technology

  SABMiller Unveils Low-energy Boiling Technology

SABMiller’s global brewing technical team has developed innovative technology which dramatically reduces the energy input required in the boiling process

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