Ahead of the release on Thursday of Anheuser-Busch InBev’s second-quarter 2017 results, here’s a look at the events that shaped the three months to the end of June for the company.
- At the beginning of April, Anheuser-Busch InBev was moved to hit back at comments from Boston Beer Co founder Jim Koch, who accused them, among others, of stifling the US craft beer market
- Also in April, AB InBev completed the sale of its indirect interest in South Africa’s Distell Group
- Towards the end of the month, the company promoted its US general counsel to lead its global legal team
- Next, the firm announced plans for its own craft-style brewery in Miami
- At the start of May, AB InBev expanded distribution of SpikedSeltzer nation-wide in the US. The company bought the brand in September last year
- At the same time, the firm announced plans to snap up another craft brewery in the US after agreeing to acquire North Carolina’s Wicked Weed Brewing
- In mid-May, the brewer confirmed that software supplier SAP was seeking US$600m for alleged licence breaches
- A few days later, the brewer named Ben Verhaert as its new president of India and South Asia operations
- Next, AB InBev announced plans to spend in the region of US$2bn on updating its footprint in the US
- In June, the company sparked anger in the craft beer industry after its incubator unit, ZX Ventures, bought a minority stake in beer ratings website RateBeer
- Also in June, AB InBev proposed a merger of the three Nigerian beer companies in which it holds majority control
- At the same time, the company announced the planned opening of a Goose Island brewhouse in Canada
- Towards the end of the quarter, AB InBev confirmed it is in discussions over German beer brands Diebels and Hasseröder, amid reports the two are up for sale.
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