UK: Anheuser-Busch InBev lines up UK brewery closure
The UK arm of Inbev has confirmed that it intends to close the Stag brewery in London, owned by recently-acquired Anheuser-Busch.
The unit said today (6 January) that it has begun a formal consultation on "synergies arising from the merger and a restructure of the company's operations in the UK, with a potential reduction in the number of roles". The consultation includes a proposal to close the brewery, located in Mortlake in south-west London, in 2010.
The brewery became a wholly-owned subsidiary of Anheuser-Busch in 1997, prior to that it was a joint venture between A-B and Scottish Courage. There are currently 182 employees at the facility.
"This consultation is also a response to challenging market conditions and significantly higher costs imposed as a result of record rises in beer taxation, which mean that we need to review and propose any changes now," InBev UK said.
A-B's Budweiser brand will continue to be brewed at the Stag brewery until further notice. "We remain committed to investing in Budweiser and ensuring the long-term competitiveness of our business," the unit added.
The official consultation is due to start with employees on 12 January.
Last month, A-B Inbev confirmed that it will cut up to 1,400 jobs in the US as part of the group's integration plan. The cuts represent 6% of A-B InBev's US workforce and three quarters of the job losses will come from A-B's St Louis headquarters.
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