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Brown-Forman, which is bringing the management of the RTD portfolio in-house, said the decision to end the deal was “mutual”.
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The Germany-based distiller saw volumes of its namesake herbal liqueur rise more than 7%.
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The Indian spirits group expects the deal to “improve” its margins and “strengthen” supply security.
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The business is the Latvian operation of Amber Beverage Group and is under legal protection.
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Executives from Danone, Tine and Valio are set to speak at this year’s Dairy Innovation Strategies conference in the Dutch capital.
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In a statement, the Japanese conglomerate said the RTDs were “created with American consumers in mind”.
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The partnership with AB InBev will make Lowlander beer “accessible on a larger scale” in the Netherlands.
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The business is expecting to book a decline in net sales "in the low single digit range", on a constant-currency basis this year.
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