· 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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Given the consolidation trend in the global beer market it was not likely to be that long before another mega-deal came along. InBev’s move for US giant Anheuser-Busch was not unexpected though the concessions the Belgian brewer has had to make to seal the deal and the eventually hefty US$52bn price-tag may have surprised some. Olly Wehring reports.
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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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