Just after few weeks of negotiations by some Popular Beer Companies around the world, it was announced on November 11, 2015, that the world’s largest beer company,Anheuser-Busch InBev, had made a formal bid to acquire its leading competitor, SAB Miller, for more than $100 billion. If approved by regulators, the deal would give Anheuser-Busch InBev control of one-third of the global beer market all around the world.
Anheuser-Busch InBev—itself the result of a 2008 acquisition of the American brewer Anheuser-Busch by the Belgian company InBev—owns a number of familiar international brands, including Budweiser, Corona, and Stella Artois. Though its revenues well exceed SABMiller’s, the latter company has a greater share of markets in Africa, Australia, and eastern Europe.
The acquisition, therefore, provides an opportunity for Anheuser-Busch InBev to extend its global reach.
As part of the agreement, SABMiller would relinquish its interest in the MillerCoorsbrewing company, which it operates in the United States as a joint venture with Molson Coors. That plan allayed fears that a single corporation would dominate the American market, as the Miller and Coors brands stand beside Budweiser and Bud Light as the top-selling beers in the U.S.
Some critics of the consolidation also took solace in the fact that sales of American craft beer (produced by small independent breweries) continue to rise.
However the Beer Companies involved in this collaboration include Hineken, Niller, Holstar, 3, and many others.
252 total views, 2 views today