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Top industry news
11380 articles
The Czech Republic: Molson Coors buys Czech brewer Pardubicky Pivovar
Molson Coors has bought Pardubicky Pivovar in the Czech Republic for an undisclosed sum, the Drinks Insight Network reported on July 18.
The acquisition, along with that of the London-based Hop . . .
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18 July, 2019
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India: Restrictions around general elections disrupt demand for spirits, beer in peak summer month as
India’s spirits and beer segment growth slowed in the peak summer months this year, as restrictions around general elections disrupted demand for liquor in the legal market, the Economic Times . . .
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18 July, 2019
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World: AB InBev reportedly weighing asset sale after failed IPO
Anheuser-Busch InBev is weighing asset sales, including its operations in Australia and South Korea, in a bid to pay down some of its $106 bln in debt after a failed . . .
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18 July, 2019
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Bulgaria: Beer exports up 44% in 2018
Bulgarian breweries recorded a turnover of 480 million levs ($275.6 million/245.4 million euro) last year, up from 350 million levs in 2017, the Union of Brewers in Bulgaria (UBB) said . . .
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18 July, 2019
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China: Alcohol consumption on the rise in China, report says
A large liquor cabinet was the first thing that came to mind when Mr Lu Xin considered decorating a new apartment with his wife.
"We are definitely not alcoholics," said Mr . . .
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18 July, 2019
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Australia & Japan: AB InBev agrees to sell its Australian operations to Japan’s Asahi
Anheuser-Busch InBev, the world's largest brewer, is selling its Australian operations to Japan's Asahi for $11 billion and could revive the stalled flotation of its Asian business as it looks . . .
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18 July, 2019
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Ireland: Boortmalt to expand malt production capacity in Athy to 140,000 tonnes
Malt manufacturers Boortmalt has announced that its planned expansion of The Maltings in Athy has commenced, the Leinster Express reported on July 17.
The company invited a host of local . . .
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18 July, 2019
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Germany: Wheat, winter barley crop set to rise despite recent heatwave
Germany's wheat harvest is set to rise sharply from the drought-damaged crop in 2018 but a heatwave in recent weeks means crop forecasts have been scaled back, Germany's association of . . .
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17 July, 2019
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World: AB InBev looking into plan B to reduce its $100 bln-plus debt pile
Anheuser-Busch InBev NV shares fell after the demise of a blockbuster initial public offering of the brewer’s Asian business, leaving the company in a bind, Bloomberg reported on July 15.
After . . .
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17 July, 2019
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Hong Kong: AB InBev scraps planned Asian IPO on weak investor appetite
The world's largest brewer, Anheuser-Busch InBev, has scrapped the planned float of its Asian business after encountering weak investor appetite for what would have been the biggest initial public offering . . .
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14 July, 2019
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