Tag Archives: SABMiller

How AB InBev ascended the world’s beer throne

This article was first published in the Financial Mail, a South African publication and authored by Ann Crotty. We have edited parts of the original story but give credits to the author and the folks at Financial Mail.

To get a better understanding of how Anheuser-Busch InBev (AB InBev) became the world’s largest beer company, it helps to look back to the 1970s – a period when marketing departments held sway in beer companies.

Rumours of a potential deal between Anheuser-Busch InBev and Coca-Cola sends InBev’s shares lower

Anheuser-Busch InBev’s shares fell 1.85% on Monday after news broke that the brewer might have its eyes set on acquiring Coca-Cola.

The world’s largest brewer, which last month finalized the acquisition of  SABMiller, its closest rival in a $103bn deal might yet be seeking its next acquisition target, according to a report in London’s Sunday Telegraph. Carlos Brito, AB InBev’s CEO is said to be setting its sights on Coca-Cola, a company with a market capitalization of $176bn, which would provide a big bonus payday for AB InBev’s top managers.

Zimbabwe’s Delta Beverages ponders next move in Coca-Cola disengagement deal

Delta Beverages Limited, Zimbabwe’s largest brewer and Coke bottler is weighing its options on how to navigate an uncertain future after a likely asset separation deal from The Coca-Cola Company (“TCCC”) which could see it give up a third of its operating profits.

Coca-Cola Icecek weighs vying for SABMiller’s stake in Coca-Cola Beverages Africa

Coca-Cola Icecek (CCI), the fifth largest bottler of Coca-Cola products in the world has expressed interest in acquiring SABMiller’s stake in Coca-Cola Beverages Africa (CCBA).

In a statement released by the company on Monday, it said: “Coca-Cola Icecek A.S. (CCI) has decided to engage with investment banks to evaluate any potential alternatives in relation to The Coca-Cola Company (“TCCC”) announced intention to sell this stake to strategic partner. Any further developments on this will be separately announced going forward.

Coca-Cola HBC open to further acquisition of juice, water brands or new territories – CEO

Coca-Cola HBC said on Thursday it was open to further acquisitions of juice, water brands or new territories, Dimitris Lois, Coca-Cola HBC CEO said following its Q3 update.

CCHBC, which bottles Coca-Cola products in 28 mostly European countries and Nigeria, said it was focused on driving a recovery in some markets that are struggling.

As this happens, we will become more active in M&A,” Lois said, noting that the company would be interested in adding water and juice brands to its business in existing markets.

Coke to end bottling deal with Zimbabwe’s Delta Beverages

Atlanta-based Coca-Cola Company (TCCC) has given notice of its intent to terminate the bottler’s agreement it has with Delta Beverages Limited, Zimbabwe’s largest brewer.

AB InBev stumbles as profit falls on acquisition costs, currency translations

Brewing giant AB InBev said on Friday that net profit for the first 9-months of 2016 fell 86% to $842m, from $6bn it earned last year. Similarly, profits earned in the third quarter dropped nearly 60% to $557m, from $1.38bn in the preceding year. The company’s stock fell by as much as 6%, the most since June. The brewer put the blame on acquisition costs associated with its merger with SABMiller, unfavourable currency exchange losses, and a slowdown in Brazil, its second biggest market.

Coke may split SABMiller’s stake in CCBA among several bottlers, says analysts

Atlanta-based Coca-Cola Company may split SABMiller’s 57% stake in Coca-Cola Beverages Africa (CCBA) among more than one franchise partner, according to analysts.

In a statement released by Coke after announcing its plan to buy-back SABMiller’s stake in CCBA, the company said, it would negotiate with “potential partners” to refranchise CCBA.

AB InBev closes on SABMiller deal

Anheuser-Busch InBev (AB InBev) announced late on Monday that it has successfully completed the acquisition of SABMiller, marking the end to a process that began one year ago. The merged entity officially began trading on Tuesday.

The combined company will have operations in virtually every major market and an expanded portfolio that includes global, multi-country and local brands, providing more choices for consumers around the world.

Coke to buy SABMiller’s stake in Coca-Cola Beverages Africa

Atlanta-based Coca-Cola Company said on Monday it would buy SABMiller’s stake in Coca-Cola Beverages Africa (CCBA), the newly formed South African-based bottling group with footprints in over a dozen African countries including Nigeria.

Coca-Cola which holds 11.3% stake in CCBA, with Coca-Cola SABCO and SABMiller each holding 31.7% and 57% ownership respectively said it would exercise its change-of control-clause (right-to-buy) to SABMiller’s stake which automatically would have gone to AB InBev, the acquirer of SABMiller after the merger deal closed.