Ahead of the release on Thursday of Anheuser-Busch InBev’s third-quarter 2017 results, here’s a look at the events that shaped the three months to the end of September for the company.
- At the start of July, a number of Anheuser-Busch InBev’s US breweries accused craft trade body the Brewers Association of starting a “civil war” in the country’s beer industry through the launch of an independent seal.
- Later in the month, the group’s South African unit said it had invested ZAR2.8bn (US$206.7m) in expansions at its Alrode and Rosslyn breweries. In the same quarter, the unit said a new entrepreneurship campaign would help create 10,000 jobs in South Africa by 2021.
- On 20 July, AB InBev acquired two US energy drinks and sparkling water brands as it looked to increase its presence in non-alcoholic beverages.
- More non-alcoholic activity was announced in August, when AB InBev said it was helping to develop a range of soft drinks made from the leftovers of the beer brewing process.
- In September, the UK arm of AB InBev unveiled plans to bring a US beer brand, created by global media group Vice, to the country.
- Also in September, the brewer confirmed it had reduced the number of sales positions in its craft and imported beer brands unit, The High End, in the US.
- At the end of the month, The High End said it had taken full control of Michigan cider maker Virtue Cider.