Asia Pacific Breweries

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US/INDIA: A-B finally unveils India plans

22 Feb 2007

Anheuser-Busch has confirmed its long-rumoured entry into the Indian beer market. The US brewing giant today (22 February) announced that it would set up a local venture with Indian brewer Crown Beers.

CANADA: APB, Molson sign Tiger deal

14 Feb 2007

Asia Pacific Breweries (APB) has teamed up with Molson in Canada.

CHINA: Kingway sets start date for brewery

14 Feb 2007

Chinese beer maker Kingway Brewery said today (14 February) that its CNY400m (US$51.5m) plant in the city of Foshan will be up and running early next year.

SINGAPORE: Brewery building to weigh on APB earnings

12 Feb 2007

Asia Pacific Breweries has warned that plans to build four greenfield breweries will “temporarily” hit earnings this year. The Singapore-based brewer is set to build plants in China, Mongolia, Laos and India, projects that will take its brewery count to 35 in 12 countries.

INDIA/US: A-B silent as report names local partner

24 Jan 2007

Anheuser-Busch has stayed silent on reports in India that it has decided on a local venture partner in the fast-growing beer market.

INDIA: SABMiller cools on Mt Shivalik acquisition

16 Jan 2007

SABMiller India has cooled on its plans to buy local brewer Mt Shivalik, just-drinks has learned. Sources close to the situation have told just-drinks today (16 January) that talks between SABMiller and the Bali family, which controls Mt Shivalik, have come unstuck as SABMiller feels the family is valuing the company too highly.

VIETNAM: APB unit snaps up local rival

11 Jan 2007

Singapore-based Asia Pacific Breweries (APB) has secured another acquisition in Vietnam, the company said today (11 January).

VIETNAM: Sabeco to triple investment this year - report

11 Jan 2007

Vietnamese state-owned drinks group Sabeco is reportedly set to build five breweries this year as it triples investment behind its production capacity.

INDIA: A-B nears decision on India entry

12 Dec 2006

Anheuser-Busch will decide whether to enter India “probably within three months”, the head of the US brewing giant’s international operations told just-drinks today (12 December).

VIETNAM: Government to sell off stake in Sabeco

11 Dec 2006

The Vietnamese government is to sell off shares in state-owned drinks company Saigon Beer Alcohol Beverage Corp. (Sabeco).

NZ: Bidding closes on Independent

6 Dec 2006

The deadline for bids for New Zealand’s Independent Liquor passed today (6 December) but front-runner Lion Nathan remained tight-lipped on whether it had tabled an offer.

NZ: Lion set for private equity fight for Independent

5 Dec 2006

Lion Nathan reportedly faces its main opposition for Independent Liquor from private equity groups ahead of tomorrow’s (6 December) deadline for the New Zealand-based spirits business.

CHINA: Heineken APB F&N summons dismissed

1 Dec 2006

The judge in Heineken’s court case with its partners in Singapore has dismissed the Netherlands-based brewer’s summons.

UK: Diageo gets Independent Liquor green light

29 Nov 2006

Diageo has been given the all-clear to make a bid for New Zealand’s Independent Liquor.

CHINA: Heineken, APB, F&N take to courts

28 Nov 2006

Heineken is seeking “legal clarification” as to which company can appoint the regional managing director of its Chinese venture.

SINGAPORE: Indochina buoys APB

13 Nov 2006

Asia Pacific Breweries has seen annual pre-tax profits rise 16% thanks to continued growth in Indochina.

CHINA: Kingway completes on US$25m loan

9 Nov 2006

Kingway has secured a loan to help expand its business, but remains shy of its reported borrowing target.

INDIA: InBev India foray hits buffers?

6 Nov 2006

InBev will not be drawn on local reports suggesting that a proposed joint venture in India is on the edge of collapse. InBev, which has yet to establish a presence in the country, has reportedly dropped its proposed deal with Varun Beverages, owned by Ravi Jaipuria.

India proves tempting prize for international brewers

3 Nov 2006

Major brewing groups are clamouring to get into India, which, by dint of its young population, expanding economy and rising personal disposable income offers huge growth potential. International groups have already made substantial inroads by partnering with local companies, writes Tom Joyce of Euromonitor International, and more such tie-ups are imminent.

CHINA: Kingway to build Guangdong brewery

2 Nov 2006

Chinese beer maker Kingway Brewery has signed an agreement to build a production site in the southern province of Guangdong.

NZ: APB enters Independent race

1 Nov 2006

A fresh name has entered the race for Independent Liquor with Singapore-based Asia Pacific Breweries applying to study the books of the New Zealand spirits group.

INDIA: APB coy on fresh acquisition talks

25 Oct 2006

Asia Pacific Breweries, the Singapore-based brewer and Asian partner of Heineken, has refused to be drawn on reports that it is in talks to take control of another brewer in India.

AUS: Foster’s looks at portfolio cull – report

11 Oct 2006

Foster’s is mulling reducing its product offering by up to 20%, according to local reports.

HONG KONG: Kingway on loan hunt - report

11 Oct 2006

Chinese brewer Kingway is looking to up brewing capacity, according to local reports.

INDIA: Anheuser-Busch still mulling options

5 Oct 2006

Anheuser-Busch has insisted no decision has been made on plans to invest in India, despite local press reports claiming the brewing giant has approved a venture near Hyderabad.

CHINA: Brewery costs hit Kingway earnings

15 Sep 2006

Kingway Brewery has recorded a 12% fall in first-half profits as marketing costs and initial expenses related to the construction of breweries in Xian and Chengdu ate into earnings.

INDIA: SABMiller completes Foster's India purchase

12 Sep 2006

SABMiller has completed its purchase of the Indian brewing assets of Foster’s Group. The London-listed brewing giant confirmed today (12 September) that it has closed its acquisition of the business and brand from Foster’s for US$120m.

US: A-B takes control of Kirin stable

25 Aug 2006

Anheuser-Busch has moved to take full control of the Kirin portfolio in the US. The Japanese brewer said today (25 August) that A-B has assumed the marketing rights to its brands in the US. A-B has brewed and distributed Kirin Ichiban and Kirin Light since 1996.





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