Need to know - Ten facts about Anheuser-Busch

By | 14 July 2008

 · The US beer giant today (14 July) accepted a takeover offer from Belgian-based InBev. Anheuser-Busch shareholders will receive US$70 per share in cash, for an aggregate equity value of $52 billion. The offer is up on the US$65 a share InBev originally offered in June.

· Anheuser-Busch operates 12 breweries in the US, 14 in China and one in the UK.

· In the US, the company holds a 48.5% share of US beer sales. Worldwide, A-B's beer sales volume was 128.4m barrels in 2007.

· A-B traces its origins back to a Bavarian brewery, which was established in 1852. Eberhard Anheuser acquired the Bavarian brewery in 1860 and renamed it E. Anheuser & Co.

· A-B reached 1m barrels in annual production in 1901.

· In 1920, when national prohibition was introduced, the company diversified into a long line of products including ice cream and truck and bus bodies.

· Budweiser was sold in cans for the first time in 1936.

· In 1967, the St. Louis brewery was declared a National Historic Landmark.

· The company's current CEO is August A. Busch IV. He is the great-great-grandson of A-B founder Adolphus Busch and the son of former chairman, president and CEO, August Busch III. According to his Wikipedia entry, he is known by industry insiders as "The Fourth".

- The St. Louis-based company's subsidiaries include one of the largest US manufacturers of aluminium beverage containers and one of the world's largest recyclers of aluminium beverage cans.

Sectors: Beer & cider

Companies: Anheuser-Busch, InBev

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Need to know - Ten facts about Anheuser-Busch

There is currently 1 comment on this article

Sad I have no sympathy for A-B. They have bveen serving up worse and worse beer to the American public for decades. But I also must register sadness that this "American Icon" brewery is about to be swallowed by INBEV,
which is a conglomerate that has grown greatly simply by "acquiring" other breweries around the world and no doubt has an enormous bill to be paid in arrears. The expansion of INBEV was greatly enhanced by the acquisition of AMBEV in Brazil, one of the top 6 beer consuming countries in the world, where a corrupt goverment agency called CADE allowed the Brahma/Skol breweries to acquire the Antartica breweries and thus control over 70% of that market. INBEV CEO Carlos Brito, a brazilian, is one of the "executives" of that and subsequent ploys to make INBEV the largest brewery in the world, whilst we consumers will pay more and more to drink their slush called beer.

 

Pedro Brazofuerte said at 1:51 am, June 13, 2008

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