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Tag "beer market"

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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Carlsberg to Delist Baltika

    Carlsberg to Delist Baltika

Baltika Breweries has filed an application to have its shares delisted from the Russian stock exchange as soon as possible. The delisting reflects Carlsberg Group’s aim to increase its ownership

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Carlsberg UK Back in Profit

Carlsberg UK has reported a pre-tax profit of £21.4 million for the year ended December 2010 against a loss of £10 million in the previous year. Turnover for 2010 increased

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Heineken Completes Acquisitions of Two Breweries in Ethiopia

    Heineken Completes Acquisitions of Two Breweries in Ethiopia

Heineken has completed the acquisitions of the Bedele and Harar breweries from the government of the Federal Democratic Republic of Ethiopia for $85m and $78m respectively. The transactions follow Heineken’s

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Heineken Expands in Africa With Two Acquisitions

    Heineken Expands in Africa With Two Acquisitions

In line with its strategy of increasing exposure to emerging markets, Heineken is acquiring two breweries in Ethiopia, after being named the preferred bidder by the Ethiopian Government following a

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Carlsberg Consolidates in China

    Carlsberg Consolidates in China

Carlsberg Group has strengthened its standing in the Chinese beer market by increasing its shareholding in Chongqing Brewery from 17.5% to 29.7%, thereby becoming the largest shareholder. Since 2008, Carlsberg

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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 now account for over 60% of global beer volume, compared

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