BRAZIL: Ambev stays quiet on Cerpa brewery rumours
Companhia de Bebidas das Americas (AmBev) has stayed silent on speculation that it plans to buy the Cerpa brewery in northern Brazil.
Speaking to just-drinks today (12 October), the Brazilian brewer noted that there had been much press interest in whether it was looking to acquire a brewery in the north of the country, but declined to comment on the reports.
This week, a spokesperson for the InBev-owned Latin American brewer declared that, while the company is mulling which northern state to build the facility in, it was hoping to capitalise on growing demand in the region.
The spokesperson said: "We are indeed looking to open a new plant, but we are still considering where in north Brazil that will be."
In August, AmBev reported a strong second quarter with consolidated EBITDA reaching BRL1.848bn (US$958m), a rise of 16.5% on the back of another solid performance by it Brazilian division. Net revenue reached BRL4.5bn, up 12.1%, the company said.
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