AB InBev has announced that it will sell its Australian subsidiary Carlton & United Breweries to Tokyo-headquartered Asahi in a deal valued at $11.3 billion. The deal was announced just days after AB InBev pulled plans to list its Asia business on the Hong Kong Stock Exchange in an IPO that could have raised… Read More…
Leaving Crowdfunders Behind – Hop Stuff Sells to Molson Coors
Molson Coors has purchased the London, UK Hop Stuff Brewery, to the dismay of Hop Stuff fans who donated millions to Hop Stuff’s crowdfunding campaign. Founder James Yeomans will remain with the business. Jim Shearer, Molson Coors’ marketing director said in a The Drinks Business online article that “We recognized in the Hop Stuff… Read More…
Ontario Investing in Local Craft Brewing Industry
The governments of Canada and Ontario are investing $1 million in projects to help grow the craft beer industry in the province of Ontario. The grant funding was announced during Ontario Craft Beer Week. The money will be given to local craft breweries to modernize equipment, conduct market research and other projects according to… Read More…
German Brewer Plans Large Brewery in NC
The German brewing company Gilde, based in Hannover, Germany is planning a large, 500,000 bbl brewery in Charlotte, North Carolina. The brewery, which has been in business in Germany since 1546 is planning on introducing the German-style beer in phases, beginning with importing the brand from Germany this summer. Gilde will open the first… Read More…
Nick Warming, Boss at Southern Bay Brewery in Australia Resigns after Non-Alcoholic Beer ‘Gay Lemonade’ Comment Backlash
Nick Warming, the boss at Southern Bay Brewery, has been forced to resign after he joked that non-alcoholic beer should be called ‘gay lemonade.’ Warming, CEO received angry backlash on social media to a post he had shared on the firm’s Facebook page. The post, a meme of an old boxer with the caption: “Non-alcoholic… Read More…
Industry Faces Swings in Trade War
President Donald Trump lifted steel and aluminum tariffs on Canada and Mexico on Friday which will provide some relief to the beverage industry. The Beer Institute has estimated that 43% of aluminum used by beverage companies in the U.S. comes from Canada. The tariffs have been in place for a year and will be removed… Read More…
In response to lifting of steel tariffs, Canada and Mexico plan to lift Whiskey tariffs
USA distillers relieved as Canada and Mexico reach an agreement to repeal tariffs on American whiskey in response to easing of US tariffs on steel and aluminum imports. Via The Drinks Business
UK’s advertising watchdogs ready to clamp down on alcohol advertising
UK advertising watchdogs plan to clamp down on alcohol brands that promote their brands to young consumers with the suggestion they will be happier, more confident, or successful, marketing experts warn. According to the ASA, claiming that alcohol has therapeutic qualities or is the answer to overcoming boredom and loneliness or other problems “pretty much… Read More…
Moosehead Latest to Bite into Cannabis
Moosehead Breweries Ltd. is the latest brewing company to invest in the cannabis industry, announcing a joint venture with Sproutly Canada Inc. to develop, produce and market non-alcoholic beverages Moosehead is Canada’s largest independent brewery. Matthew Oland, a Moosehead senior executive who will head the 50-50 joint venture as chief executive officer said in… Read More…
Craft Brewery Openings Plummet in U.K.
A report by the financial firm UHY Hacker Young on the UK craft beer market has shown that the number of new brewery openings has come to a screeching halt. The rate of new craft breweries opening up in the UK has mirrored the trends in the U.S., with the number of independent breweries… Read More…
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