Kirin Brewery Co.
The long-accepted truth for Japan's beer market is that domestic consumption is in long-term decline, forcing the country's brewers to look...
The Brazilian beer market may be able to claim Kirin Holdings as a victim in the coming weeks, but the likelihood of Heineken stepping in to...
Earlier today, Heineken announced that it will purchase Kirin Holdings' Brazilian beer and soft drinks assets for just over US$705m. Here, just-drinks takes a closer look at Brazil's beer market and the rationale behind the deal.
The general intention of Japan's drinks companies to break out of their domestic market has been a headline of the last six years, at least. Today's confirmation that Kirin Holdings is looking to pull out of Brazil, however, shows the pitfalls of this strategy. Indeed, the fact that this is playing out in one of the fabled BRIC markets serves to bring the strategy into worrying relief.
It is an established fact that, desperate for growth outside of their stagnant home market, Japanese companies have frequently had to pay a premium in global M&A.
The latest report from the Carbon Disclosure Project (CDP), assessing companies' efforts on water, reveals a strong representation from drinks companies among those companies the project considers to be leaders in water stewardship. Ben Cooper reports.
Jorge Grosse has been CEO of González Byass since mid-2006. Earlier this year, just-drink editor Olly Wehring met him in London to discuss Sherry, casks and the firm's moves to diversify its portfolio.
Last year, just-drinks travelled to the US to report on Diageo's investor conference. The subject of the presentations was the company's hopes and plans for the Latin America & Caribbean region. While there, just-drinks' managing editor, Olly Wehring sat down with regional president Randy Millian, to discuss the region, as well Diageo's distribution presence, the battle with brewers and the looming shadow of Brazil.
Kirin Holdings is set to acquire a second brewer in Myanmar through a joint-venture with Myanma Economic Holdings, its partner in the Myanmar Brewery division.
Heineken has successfully completed its recently-confirmed discussions with Kirin Holdings, with the European brewer set to acquire Kirin's Brazilian operations for almost half the price the Japanese firm paid in 2011.
Kirin Holdings is on the hunt for "investment opportunities" across South-East Asia as it posted a lift in full-year sales and a return to profit in 2016.
Domestic beer volumes in Japan fell by 3% last year as shipments from all five major brewers declined, according to local reports.
Heineken has confirmed that it is in "ongoing" discussions with Kirin Holdings over the possible acquisition of the Japanese group's Brazilian brewing operations.
Kirin's Australasian subsidiary, Lion, has said its decision to use disgraced former cyclist Lance Armstrong in a marketing campaign was to "highlight that actions have consequences".
Lion is to sell its Australian premium wine business, Fine Wine Partners (FWP), to Accolade Wines.
The CEO of Carlsberg has confirmed that the brewer will continue to strengthen its ties with Brooklyn Brewery in Europe, despite Kirin's recent purchase of a stake in the US company.
Sapporo Holdings is keen to acquire Czech brewer Pilsner Urquell, its president has told just-drinks, but only if the unit is separated from Anheuser-Busch InBev's other former SABMiller assets.
Kirin Holdings has agreed to sell one of its Brazilian production facilities to AmBev.
Brooklyn Brewery has sold off a near-25% stake to Kirin Brewery Co, a year after saying it was not looking to make an equity sale.
Kirin's Australian craft brewery, Little Creatures, has said it will release its Dog Days Summer Beer in cans in the country.
Brooklyn Brewery has confirmed reports it is in talks with Kirin over a distribution and production deal in Japan but denied a deal has been signed.
Heineken has declined to comment on a report it is on course to buy Kirin's Brazil operations.
Kirin Group has reported an increase in H1 net profits as the company's Medium Term Business Plan began to kick in.
US brewers are following their European counterparts with a voluntary plan to provide detailed information on nutrition content and ingredients.
A shortage of Japanese whisky is forcing drinks producers in Japan to turn to imported spirits, according to a report.
Anheuser-Busch InBev is to pay Kirin up to AUD300m (US$223m) in compensation after terminating a distribution agreement in Australia.
Kirin's Lion New Zealand unit has agreed to acquire craft brewer Panhead Custom Ales.
Kirin is to open a craft beer venue in Hong Kong for its Australian micro-brewery Little Creatures.
Kirin is to increase capacity at its Myanmar brewery by more than 10% as the country's growing economy boosts consumer demand, according to a report.
Kirin Brewery's Australia unit, Lion, is looking to expand Byron Bay Brewing Co's distribution after adding the east coast brewer to its craft beer portfolio.
Kirin Holdings Company Limited (formerly Kirin Brewery Co.,
Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...
Kirin Brewery Co Ltd in Alcoholic Drinks (Japan)
Kirin Brewery Ltd aims to increase its sales over the forecast period by reinforcing core brands such as the mid-priced lager Kirin Ichiban Shibori and strengthening its craft beer portfolio. In addit...
Brasil Kirin Participações e Representações SA in Alcoholic
The company, which owns brands such as Nova Schin and Devassa, has been investing highly in diversifying its portfolio to include premium beer. Its Baden Baden and Eisenbahn brands continued to perfor...
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