Asahi, the beverage manufacturer, is to receive a new 48,500 sq m distribution facility developed by Goodman, the property group, at Redbank Motorway Estate in Queensland, Australia. The facility will support the company’s supply chain transformation by utilising advanced technology, including a high-speed shuttle system and robotics. According to the company, this will allow customers to receive its full range of alcohol and non-alcohol beverages via a single order, payment …
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Asahi
Asahi, the Japanese beverage giant, has agreed to acquire a controlling stake in East African Breweries (EABL) from the UK-based spirits firm Diageo in a deal valued at $2.3 billion. Under the terms of the agreement, Asahi will acquire Diageo Kenya Ltd, which holds a 65% shareholding in EABL, alongside a 53.68% direct stake in the Kenyan spirits producer and importer UDVK. The transaction values EABL at an implied enterprise …
Japanese drinks giant Asahi has announced the acquisition of South Australian spirits maker Never Never through its alcoholic beverages division, Carlton & United Breweries (CUB). Founded in 2016, Never Never offers gins under brands such as Triple Juniper, Oyster Shell, and Grenache and has full-time headcount of around 15. Commenting on the deal, Asahi CEO Amanda Sellers commented: “We are acquiring Never Never because we recognise Never Never’s incredible brand …
Japanese brewer Asahi has announced plans to close a brewery in Greenwich, London that produces the Meantime and Dark Star beer ranges, with production transferred to the Fuller’s site in west London. According to reports, the Greenwich site will be retained but converted into a “standalone” consumer retail experience. In 2022, Asahi closed the Dark Star brewery in West Sussex, moving production to the Meantime site in Greenwich. “Asahi UK …
Japanese drinks giant Asahi Beverages has announced that the company is going to cease operations in its Dark Star brewery in Partridge Green, Sussex, on the 31st of December 2022 due to current economic challenges. According to sources, the company said that the facility is operating significantly below capacity, which is not sustainable. Asahi said in statement: “This is not a step we have taken lightly, however, there are significant …
Japanese drinks giant Asahi has announced the acquisition of Australian soft drinks firm StrangeLove. According to sources, StrangeLove offers a range of adult soft drinks including sparkling waters, low-calorie sodas and premium mixers. Robert Iervasi, Asahi CEO, said: “We expect StrangeLove to really shake things up in the on-premise premium mixer and adult soft drink space with a high-quality, Australian-made brand. This deal will also strengthen our offer to retailers, …
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 …
Peroni, the Italian beer firm now owned by Asahi, has announced it has invested €13 million ($14.6 million) to open a new line at its bottling plant in the southern Italian city of Bari. The company said recent investments at the site had allowed it to surpass volumes of 1.8 million hectolitres in 2018, representing an increase of 5.7% on 2017. Commenting on the investment, Bari plant director Michele Cason …
Fuller’s, the UK beermaker, has announced it has entered into an agreement for the sale of its entire beer business to the European division of Japanese drinks giant Asahi for an enterprise value of £250 million on a debt free, cash free basis. The business being sold comprises the entirety of Fuller’s beer, cider and soft drinks brewing and production, wine wholesaling, as well as distribution, and also includes the Griffin Brewery, …
Asahi, the Japanese drinks giant, has announced that it is selling its 20% stake in Chinese beermaker Tsingtao Brewery in a deal worth about $941 million. The group first announced that it was looking to sell its holding in Tsingtao Brewery in October 2017. An 18% stake is being sold to the Chinese conglomerate Fosun for about $847 million, while Tsingtao Brewery itself will pay about $94 million for the …
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