Anheuser-Busch InBev (AB InBev), the global brewing giant, has agreed to acquire an 85% majority stake in BeatBox Beverages, the Texas-based ready-to-drink (RTD) alcoholic ‘party punch’ maker, for approximately $490 million. The agreement, expected to close in the first quarter of 2026 subject to regulatory approval, grants AB InBev an option to purchase the remaining 15% after five years via a predetermined pricing formula. The acquisition reinforces the brewer’s focus …
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AB InBev
Anheuser-Busch, US subsidiary of world-leading brewer AB InBev, has announced the closure of production at its craft brewery in the US state of New Hampshire. The 104,000 sq ft facility, operated by Craft Brew Alliance, produces beer for the Kona and Omission brands. “We understand the impact of this announcement on our people in Portsmouth, and we are committed to working with the local union that represents some of the …
Leading brewer AB InBev has announced that the company has invested $8 million in its brewery in St. Louis (MS) via US subsidiary Anheuser-Busch. The move will create and sustain jobs and drive economic growth in its hometown, the company said in a statement. The company has invested more than $165 million in its St. Louis campus since 2019, including renovating and reopening its Technical Excellence Center. Kyle Topping, senior …
Tilray Brands, a US pharmaceutical and FMCG firm, has announced it has acquired eight beer and energy drink brands from multinational brewer AB InBev in a deal worth $85 million. The acquisition of the Shock Top, Breckenridge Brewery, Blue Point Brewing, 10 Barrel Brewing, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider and HiBall Energy brands includes four production facilities in Oregon, Colorado, and New York, as well as the …
Bavaria, local AB InBev brewer, has announced the investment of $413 million in the construction of a new brewery in the municipality of Palmar de Varela in Colombia. The brewery plans to begin operational by mid-2024 expecting to generate 350 direct jobs and 7,000 indirect job. The facility will produce beer brands such as Aguila, Poker and Club Colombia. “We firmly believe in Colombia and in the great transformations that …
AB InBev-owned beer company Corona is launching Corona Sunbrew an innovative non-alcoholic beer which vitamin D. The ‘innovative, first-of-its-kind, non-alcoholic beer’ is said to contain 30% of the daily value of vitamin D in 330ml serving. The new Corona Sunbrew beer is made by extracting alcohol from Corona Extra and then blending the non-alcoholic beer with vitamin D and natural flavours. Felipe Ambra, global vice president for Corona, commented: “As …
AB InBev, the giant brewer, has completed the sale of Carlton & United Breweries (CUB), its Australian subsidiary, to Asahi Group for approximately $11 billion. With this acquisition, Asahi Group will have the rights to commercialise AB InBev’s international brands in Australia. According to sources, the proceeds from this deal will be used to pay down AB InBev’s debt. Carlos Brito, CEO of AB InBev, said: “Despite the challenging environment, …
AB InBev subsidiary Carlton & United Breweries has announced the acquisition of Balter Brewing, a craft brewer based in Gold Coast, Australia, for an undisclosed sum. Balter Brewing, which brews a range of pale ales and lagers, is said to have witnessed strong growth since launching in 2016. The company said the the deal would help it achieve its sustainability goals, as well as allowing it to upgrade capacity and hospitality at its …
Carlton & United Breweries, the beermaker and AB InBev subsidiary, has announced the acquisition of Riot Wine, an Australian wine firm using exclusively in kegs and cans, for an undisclosed sum. Riot Wine, which markets a flagship rose among other products, said its approach offers consumers a superior and more sustainable product. Launched in 2016, Riot Wine is now available across Australia in both the on- and off-trade. Commenting on …
AB InBev, the world-leading brewer, has announced it has agreed to divest Carlton & United Breweries to Japanese beermaker Asahi for an enterprise value of A$16 billion ($11.3 billion). As part of the transaction, AB InBev said it would grant Asahi the rights to commercialize the portfolio of AB InBev’s global and international brands in Australia. The majority of the proceeds from the sale will be used to pay down …
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