Dutch giant purchases remaining 51% of London microbrewer
Brixton Brewery announced today that Heineken has purchased the remaining stake in its business. Heineken acquired 49% of the south London microbrewery back in late 2017. In a statement, Brixton cited a number of advantages gained from their tie-up with Heineken over the last three years, including the company's "market reach".
This reach has extended considerably since the original deal, with Heineken's Star Pubs & Bars owning ...
The European Beer Consumers conducted a survey on how the pandemic has affected beer consumption. The survey was open for participation between 26th of April until 17th of May and collected in total 1667 answers from 26 different countries (optional EBCU member organization in parenthesis):
United Kingdom: 667 (CAMRA 149, Beoir 2)Belgium: 227 (Zythos 97)Italy: 153 (Unionbirrai 153)France: 137Denmark: 113 (Danske Ölentuasiaster 11)Netherlands: 109 (Pint 33)Germany: 66 (GBCU 1)Finland: 50 (Olu...
New venture to brew beer while Marston's retains pub estate
Marston's has become the latest brewer of traditional English ales to offload its brewing operations in favour of a focus on its substantial pub estate. In doing so it follows Fuller's, Wells & Young and Greene King, all of whom have sold all or part of their businesses in recent years. The divestment is not total, as Marston's retains a 40% share in the new venture, Carlsberg Marston's Brewing Company, with Carlsberg paying...
Over 11% wiped off company value in one day
Financial news sources have reported that AB InBev's share price took a steep dip on Friday 25th October, plummeting by 11.1% of its total value. The collapse comes after the release of third-quarter earnings figures, beset by difficulties in the Asian beer market, and China in particular.
From €82.84 per share at close of trading on Thursday 25th, the price tumbled to €74.26 just after trading opened on Friday morning. The value has contin...
Acquires assets of failed distribution business and bar
Earlier this year, beer specialist wholesaler and retailer The Bottle Shop went out of business. The short-term causes were said to be the loss of distribution contracts for popular beer brands Beavertown (now part-owned by Heineken) and Mikkeller.
Today, in an article on the Beer Insider website, it has been announced that the remnants of The Bottle Shop, including around £400,000 worth of stock, have been purchased by AB InBev....
Historic Czech porter brewer to remain separate company under parental supervision
The Czech arm of Molson Coors, Staropramen, has purchased an 89% stake in Pivovar Pernštejn, a brewery in the town of Pardubice, to the east of Prague. It is best known for its Pardubický Porter, a dark bottom-fermented beer brewed since 1891 and highly prized by Czech beer enthusiasts.
Prague-based Staropramen had passed through a number of hands in the years running up to 2012 when it was acquired by...
Brewer admits infringing competition rules.
The European Commission has fined AB InBev €200m for abusing its dominant market position in Belgium. The investigation began in June 2016 when it was discovered that the company had changed the text on Jupiler beer sold in the Netherlands and France, where it's sold relatively cheaply, to Dutch or French alone. This restricted the extent to which those beers could be imported to bilingual Belgium where competition is less intense and price...
"Budweiser Brewing Group UK & I" is the new name for AB InBev in the UK and Ireland. This subsidiary of the world's largest brewing company, headquartered in Leuven, owns two large industrial breweries in Great Britain where it brews Budweiser, Stella Artois, Boddington's and other subsidiary brands. It also owns the Camden Town Brewery in north London, and a Goose Island brewpub in the east of the capital.
The company does not have a direct footprint in Ireland but instead uses loca...
Japanese multinational acquires its second London brewery, for £250m.
London brewer Fuller, Smith & Turner announced today that it was preparing to sell its production and wholesaling operations, including the Griffin Brewery, to Asahi. The company will retain its pub estate and will establish a "strategic alliance" with Asahi to ensure that pubs remain stocked with Fuller's beers. Included in the sale are the Gales and Dark Star beer brands, previously acquired by Fuller's, as well as th...
Madrid brewery sells 51% to Dutch multinational
Heineken's Spanish operation has announced the acquisition of a majority stake in Madrid's La Cibeles craft brewery. This marks the latest in a long history of Heineken buying roughly half of formerly independent brewing companies, going back to Paulaner in 2002 (since reduced to 30%), Lagunitas in 2015 (since increased to 100%), Brixton in 2017 and Beavertown earlier this year.
In the case of La Cibeles, founder David Castro will remain in c...