Tsingtao Brewery Company

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ASIA: Carlsberg silent on possible Chinese brewing targets

12 Nov 2013

Carlsberg has declined to comment directly on reports it is eyeing Chinese brewing groups Tsingtao and Beijing Yanjing among its possible acquisition targets, but said Asia remains “an important part” of its M&A agenda.

ASIA: Carlsberg appoints ex Coca-Cola Co exec as new Asia chief

12 Nov 2013

Carlsberg has appointed a former Heinz and Coca-Cola Co executive to head up its Asia unit after the previous incumbent quit earlier this year.

Analysis - Carlsberg, Anheuser-Busch InBev merger a "theoretical possibility"

25 Oct 2013

A merger between Carlsberg and one of the other 'Big Four' global brewers remains "unlikely", but a tie-up with Anheuser-Busch InBev is not out of the question, according to analysts.

CHINA: Tsingtao Brewery posts H1 profits jump as costs lower - report

30 Aug 2013

Tsingtao Brewery has posted a big rise in first-half net profits, according to reports.

just the Facts - SABMiller in Asia Pacific

18 Jul 2013

SABMiller presented its current thoughts on its Asia-Pacific unit at a seminar in London yesterday (17 July). Here, just drinks takes a closer look at the company's businesses in the region:

US/MEXICO: Constellation Brands seals Modelo assets deal with Anheuser-Busch InBev

10 Jun 2013

Constellation Brands is set to double its sales after completing the acquisition of Grupo Modelo's US beer business and one of its breweries from Anheuser-Busch InBev for US$4.75bn.

CHINA: Tsingtao Brewery Co grows share in FY as sales, profits rise in 2012

28 Mar 2013

Tsingtao Brewery Co has posted rising sales and profits for 2012, as volumes increased markedly in the year.

Comment - Wehring's Way: SABMiller & Kingway - Have You Got What You Paid For?

7 Feb 2013

We journalists do like a good adjective. Honestly, you can't beat a strong descriptor to get a reader's attention. So, when an analyst suggested that SABMiller's CR Snow JV had paid an “eyewatering” price for Kingway Brewery in China, a lot of us journos sat up and took a sip of coffee.

UK: SABMiller counters "eye-watering" price for Kingway claim

6 Feb 2013

SABMiller has defended itself against accusations that its Chinese JV is set to pay “an eye-watering price” for Kingway Brewery Holdings.

Focus - China's Beer Market

6 Feb 2013

China may have the world's highest overall consumption, but leading brewers face an uphill struggle to find strong profits, an analyst claimed today. Here, just-drinks looks at the fragmented Chinese beer market with the help of Bernstein's figures and analysis.

CHINA: Brewers' profits chase may be futile - study

6 Feb 2013

China's massive beer volumes are set to rise further, but market fragmentation and weak margins may sink SABMiller and Anheuser-Busch InBev's profit hopes in the country indefinitely, an analyst has claimed.

Review of the Year 2012 - Part I: Beer & Cider

21 Dec 2012

With Christmas fast approaching, it's the time of year when just-drinks takes its annual look back at the past 12 months. Between now and the end of the year we'll assess how the soft drinks, spirits, wine and bottled water sectors have fared in 2012. Up first, however, is beer and cider. just-drinks' deputy editor, James Wilmore, takes us through the highs and lows for the long alcoholic beverage (LAB) category.

CHINA: Tsingtao Brewery Co profits come in flat in YTD

30 Oct 2012

Tsingtao Brewery Co has reported flat profits in the first nine months of 2012, with raw material price hikes and rising labour costs offsetting a lift in sales.

THAILAND: Boon Rawd Brewery Co to invest US$518m in extra output - report

18 Sep 2012

Singha maker Boon Rawd Brewery Co is to invest THB16bn (US$518m) in a new brewery and the upgrade of an existing facility, according to local reports.

just the Round-Up - The week in drinks

17 Aug 2012

The top ten stories published on just-drinks last week

CHINA: Tsingtao Brewery Co sees H1 growth outpace China cooldown

16 Aug 2012

Tsingtao Brewery Co's premium brands outpaced first-half growth in lower-margin labels as China's economic slowdown cooled the country's beer market.

JAPAN: Asahi Group may speed up global chase of Suntory, Kirin - analyst

10 Jul 2012

Asahi Group's attempts to catch up on domestic rivals in the global market may heat up as cash flows increase and home growth is squeezed, an analyst has said.

CHINA: Tsingtao chairman quits over "health reasons"

29 Jun 2012

The chairman of Chinese brewer Tsingtao has stepped down for health reasons, the company has announced.

CHINA: Major Tsingtao shareholder cuts holding

21 Jun 2012

Tsingtao's third-largest shareholder, billioniare Chen Fa Shu, has netted HKD1.5bn (US$192m) from a selldown of his shareholding in the brewery, according to local reports.

just the Round-Up - The week in drinks

8 Jun 2012

The top ten stories published on just-drinks last week:

CHINA: Tsingtao Brewery agrees joint ventures with Suntory Holdings

6 Jun 2012

Tsingtao Brewery is linking up with Japanese brewer and distiller Suntory Holdings to boost its “competitiveness” in the beer markets of Shanghai and neighbouring Jiangsu province.

Comment - Asahi Group To Pay Top Dollar For StarBev?

2 Mar 2012

An Asahi Group move for StarBev looks dubious, even if the reports are true.

Comment - Kingway Brewery Gets Pick of the Bunch

14 Feb 2012

Kingway's controlling shareholder, state-owned GDH, is set to profit from growing rivalry among multinational brewers in China.

CHINA: Kingway Brewery bid speculation grows

10 Feb 2012

SABMiller and Anheuser-Busch InBev won't say whether they will bid for Kingway Brewery's assets, but both have been named as two of several parties interested in the Chinese brewer.

Preview of the Year 2012 – Part II: Beer & Cider

31 Jan 2012

The second part of January's management briefing sees Spiros Malandrakis and Zsuzsa Szilagyi, alcoholics drinks analysts at Euromonitor International, turn their attention to beer and cider. What does 2012 look like for long drinks?

Comment - SABMiller, CR Snow To Get Second Bite at Kingway?

27 Jan 2012

SABMiller's Chinese joint-venture, CR Snow Breweries, could get a second chance to dig its claws into Kingway Brewery and mount a stronger challenge to Tsingtao in the country's Guangdong province.

just the Round-Up - The week in drinks

13 Jan 2012

The top ten stories published on just-drinks last week:

CHINA: Tsingtao Brewery looks beyond China - report

10 Jan 2012

Tsingtao Brewery is reported to be considering opening more breweries in South East Asia, to supplement growth in its native China.

CHINA: Guangzhou Zhujiang Brewery to raise finance - report

6 Jan 2012

Guangzhou Zhujiang Brewery is planning to raise up to CNY2.21bn (US$350m) via a share issue in order to expand capacity in China's growing beer market, according to local reports.

Review of the Year 2011 - Beer

22 Dec 2011

As 2011 draws to a close, just-drinks once again launches its review of the global drinks industry. Made up of five parts, the review makes up December's management briefing for just-drinks suscribers. Coming up between now and Christmas, we'll look at how the last 12 months have treated the soft drinks, spirits, bottled water and wine sectors. To start, Chris Mercer takes a look at how the beer industry fared in 2011.

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