Alcoholic Beverages

Heineken Celebrates Robust Q1 Despite “Challenging” Market Conditions

20 Apr 2017 --- Despite some challenging market conditions in several global markets, the Dutch brewer has posted strong results for the first quarter and predicts a solid outlook for the rest of 2017.

2017 is Looking Rosé as Brits’ Tastes Change

10 Apr 2017 --- As the warmer weather begins to emerge in the UK, Sainsbury’s has seen a 58% increase in French rosé sales in the past four weeks, and received bumper sales this weekend with temperatures hitting up to 23 degrees.

Baijius Overtake Whiskeys to Become World’s Most Valuable Spirit Brands

22 Mar 2017 --- Every year, leading valuation and strategy consultancy Brand Finance values the brands of thousands of the world’s biggest companies. The world’s 50 most valuable spirits brands are included in the Brand Finance Spirits 50 and the top 25 beer brands in the Brand Finance Beers 25.

Greek Brewers File €100m Lawsuit Against Heineken

24 Feb 2017 --- Independent Greek brewery, Macedonian Thrace Brewery (MTB), has filed a €100-plus lawsuit again beer giants Heineken and its Greek operating company Athenian Brewery following a 12 year investigation. MTB filed the major legal action against Europe’s largest brewer and its 98.8%-owned Greek operating company, Athenian Brewery (AB), in connection with it describes as  “nearly two decades of anti-competitive market abuse.”

Diageo has Thirst for US Growth

25 Jan 2017 --- Diageo has reported that sales were up 4.4 percent in the six months ending December 31, helped by improvements in its business in the US. Overall, net sales came in at £6.4bn ($8.1bn) in the period, helped by a favorable exchange rate. The world’s largest distilled drinks company, which makes Johnnie Walker Scotch and Smirnoff vodka, said sales in North America grew three percent in the period.

Heineken in Talks to Buy Kirin’s Brazilian Beer Business

23 Jan 2017 --- Heineken is in discussions with the Japanese group Kirin about the purchase of its Brazilian beer business. A deal with Heineken would be worth around $870m, according to the Japanese business title Nikkei. Kirin’s Brazilian beer business spans 12 breweries and was created in 2011 when Kirin paid $1.97bn for Brazil’s Schincariol brand.

Mexican Beer Continues to Power Constellation Brands

06 Jan 2017 --- Constellation Brands has reported that its earnings per share were up 38 percent to $1.96 while sales were up ten percent to $1.81bn in the quarter, swelled by the performance of its Mexican beer brands. However, its shares tumbled 7.13 percent to $146.75 today following the results announcement. The share price fall comes amid fears that new US president Donald Trump could raise the cost of Constellation Brands Mexican beer imports by imposing protectionist measures.

Japan’s Asahi Swallows AB InBev’s Eastern European Beer Brands for $7.8bn

13 Dec 2016 --- Anheuser-Busch InBev is to sell a number of Eastern European beer brands to Japan’s Asahi Group Holdings for €7.3 billion ($7.8bn), as it looks to ease completion concerns over its $100bn takeover of SABMiller. The brands being offloaded by the Budweiser maker are its businesses previously owned by SABMiller in the Czech Republic, Slovak Republic, Poland, Hungary and Romania and include flagship Czech brand Pilsner Urquell, another Czech brand Kozel, and the Hungarian brand Dreier.

Symrise Study Reveals Beverage Needs for Millennial Consumers, Refreshment is Top of the List

18 Nov 2016 --- Symrise have announced the availability of comprehensive qualitative and quantitative research studies which demonstrate that refreshment is a key factor in driving the beverage choices of millennial consumers. 

Sainsbury’s £1 Million Funding to Fight Food Waste

09 Nov 2016 --- Sainsbury’s is ramping up its fight against food waste by unveiling significant funding for British towns and cities to drastically cut the amount of food that gets dumped across UK households. 

Indians Get a Taste for Scotch Whiskey as Imports Surge

03 Nov 2016 --- Indians are savoring Scotch whiskey as trade in exports have skyrocketed 41 percent with the equivalent of 533 million bottles shipped overseas in the first half of 2016. 

Beer Volumes Growing at Heineken

26 Oct 2016 --- Beer sales were up two percent by volume in Q3 at Heineken, with the Asia Pacific region the outstanding performer in the quarter.The two percent uplift in volume in Q3 beats the previous quarter uplift of 1.8 percent and was ahead of analysts’ expectations.

Craft Beer Trend Gathers Pace as Tesco Expands Range

18 Oct 2016 --- Tesco is piloting a chilled beer and cider delivery service in trendy parts of London popular with hipsters. It comes at the same time as the supermarket is seriously expanding its range of craft beers from just two to more than 30. 

SPECIAL REPORT: No End in Sight to Beer Industry Consolidation

10 Oct 2016 --- Anheuser Busch’s (AB InBev’s) acquisition of SABMiller is creating a beer colossus though the new entity could “box out” smaller independent players, while analysts are predicting further M&A activity across the sector.

Constellation Brands Acquires US Craft Whiskey Maker for $160m

06 Oct 2016 --- Constellation Brands has purchased the craft whiskey maker High West Distillery for $160m as it reports that revenues in its second quarter were up 17 percent to $2.02bn.

Special Report: The Maturation of Craft Beer

03 Oct 2016 --- The European and US craft beer sector have exploded in the last ten years – in fact micro is now mainstream, as highlighted by recent acquisitions of craft brewers by the big players in the industry. Recently in the UK, craft brewer Camden Town Brewery was bought for about £85 million (US$111million) by giant AB InBev, the maker of Budweiser and Stella Artois beers. Meanwhile, the world’s second-largest brewer, SABMiller – itself in the process of being taken over by AB InBev – acquired London’s Meantime Brewery last May, in another multi-million dollar deal. 

AB InBev-SAB Miller Deal Gains Shareholder Approval

28 Sep 2016 --- Anheuser-Busch InBev's $102.85 billion takeover of rival SAB Miller is set to go ahead after the shareholders of both firms approved the mega-deal. SABMiller shareholders overwhelmingly backed the brewer's takeover by Anheuser-Busch InBev on Wednesday, clearing the last big hurdle for one of the largest corporate mergers in history.

MGP Announces Launch of Premium Flavored Gin

28 Sep 2016 --- MGP, supplier of premium distilled spirits and specialty wheat proteins and starches, has announced the development of four new distilled gins, each featuring a distinctive flavor profile. The additions consist of distilled orange, lemon-lime, citrus berry and cucumber gins.  

AB InBev Purchases Belgian Brewer Bosteels

12 Sep 2016 --- Anheuser-Busch InBev (AB Inbev) is reported to have purchased Belgian brewer Bosteels, the maker of speciality beers including Tripel Karmeliet. No financial details of the deal were disclosed but the value of the deal is estimated to be 200m euros ($225.4m).

Sainsbury’s Embraces Craft Beer Phenomenon With Innovative New Scottish Bottles

01 Sep 2016 --- Craft beer lovers are to given a much broader choice of specialty ales as Sainsbury’s collaborates with more Scottish breweries to extend its range and include chocolate and coffee stout, grapefruit infused IPAs, honey ales and much more.