SOUTH AMERICA: Danone and Brahma unite to capture leading Uruguayan beer and water producer
Ambev, the product of a merger between the Brazilian companies Brahma and Antarctica, has issued a statement saying it is negotiating a deal with Danone to purchase a controlling stake in the Uruguayan beer and mineral water company.
Analysts believe that if the deal goes ahead, Danone will keep Salus' mineral water operations and Brahma will have Salus' beer producer Patricia, one of the top sellers in the Uruguayan market.
The global roll-out of InBev's Brazilian beer, Brahma, adds a third premium brand to the global brewer's international portfolio but some observers have suggested it's an unnecessary step which threat...
Functional soft drinks are relatively undeveloped in Latin America in comparison with Europe but there is significant growth potential. Hope Lee of industry analysts, Euromonitor International, examin...
The Brazilian brewer AmBev, now part of the InBev empire, said yesterday that its first quarter net income had fallen 52.7% to R$144.2m....
Danone and Yakult have announced a joint venture to sell probiotic products in India. The move marks the first entrance by either company into the Indian market, in which they are aiming to become lea...
AmBev Peru is to launch a new beer in the market that will bring competition to a market so far dominated by the monopoly of Union de Cervecerias Peruanas Backus & Johnston SAA, or Backus....
Danone has announced plans for a joint venture in India with Japan's Yakult Honsha Co. ...
InBev, the world's largest brewer by volume, said it has achieved overall organic volume growth of 4.1% in the first quarter of 2005, to 47.3m hectolitres, despite tough conditions in the US and Weste...
France's Groupe Danone said on Friday that it had finally reached an agreement with The Coca-Cola Company to amend their existing deal regarding the distribution of retail bottled water products in No...
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