Anheuser-Busch InBev revealed today it has made an offer to SABMiller to unite the world’s largest beer makers. The combined company would have a market capitalization of some $275 billion and be by far the largest brewer in the world, controlling about one third of the world market.
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Category: Major Brand News
News coverage of the global and large domestic brewing companies
News ABInBev Spreads Craft Shopping Spree
Birra del Borgo has announced a deal that makes it a wholly-owned subsidiary of Anheuser-Busch InBev. The Italian brewery characterized this as a partnership in the press release announcing the sale. AB InBev will provide the support to allow Birra del Borgo to expand its brewery know how and infrastructure, continue to innovate and bring new great beers on the market through its distribution system. Founder Leonardo Di Vincenzo will continue to lead Birra Del Borgo as CEO of the company.
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News ABInBev Buys Breckenridge Brewing
Anheuser-Busch continues on a buying rampage, announcing today that it has acquired the Breckenridge Brewery in Colorado for an undisclosed sum.
Breckenridge will be the latest craft brewery to join the ABInBev High End unit which consists of Goose Island Beer Co., Blue Point Beer Co. and Elysian Brewing Co., 10-Barrewl and Golden Road among other brands.
Breckenridge, which opened a new 12-acre production facility in Littleton, CO earlier this year, sells beer in 35 states and produced about 70,000 barrels of beer in 2015. The company also has the original brewpub in Breckenridge, founded in 1990.
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News Big Deal
The ‘Big Deal’ is about to be a ‘Done Deal.’ ABInBev and SABMiller announced today that they have agreed in principle to a merger between the number one and two largest brewers in the world.. Final price tag; $106 billion. It is one of the largest global corporate mergers in history.
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News Done Deal
Anheuser-Busch InBev announced it has struck a deal with SABMiller to take over the brewer at £44 ($67.63) a share, about 14% higher than its initial offer last month. Reuters puts the value of the takeover proposal at $104.48 billion, the fifth largest corporate merger in history.
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News Historic Deal is Near
Colossal, Megabrew, BrewTitan. The single biggest event to occur in the beer industry since the repeal of Prohibition. Call what you want, but it now looks almost certain that the biggest brewery merger ever (by far!!) is about to go down.
As many in the industry are gathered in Las Vegas for the annual NBWA conference, news struck that SAB Miller was seriously considering at a $106 billion dollar offer from ABInBev. It was reported that the SABMiller board was unanimously recommending, making the merger of the two almost certain.
If it goes through, it will not only make this an historic deal in the global brewing industry, it will be one of the biggest corporate mergers of any kind.
ABI will definitely have to divest in MillerCoors here in the US meaning that the deal will have little impact in the US. Or will it? There is still a lot to play out and the industry will be watching and talking about this for years to come.
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News Pabst Sold – Again
Oasis Beverages, a Russian food a beverage company owned by Eugene Kashper, announced it has entered into an agreement to acquire Pabst Brewing Company. TSG Consumer Partners, an investor in growth-oriented consumer brands, will acquire a minority stake in Pabst as part of the transaction.
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