THE DRINK NATION IS A FREE RESOURCE FOR FINDING EVERYTHING AWESOME ABOUT DRINKING IN YOUR LOCATION

AB-InBev to Purchase SABMiller For $104 Billion

by Alexander Frane on Oct 14, 2015 in Beer

AB-InBev, the largest brewery in the world, has reached a proposed agreement to acquire SABMiller, the second largest, for the price of around $104 billion.
 
Almost immediately following its buy-out of the Canadian Mill Street Brewery, and its purchase of the American craft breweries Elysian and 10 Barrel in the last year, AB-InBev has moved to increase its already impressive size to over 30% of the market by acquiring SABMiller, the second largest brewery in the world. SABMiller has rejected previous offers by AB-InBev but has reportedly agreed to a deal, selling at £44-a-share (around $68)—50% over the market value.

If the deal goes through without any shedding of brands (a thing that may be forced upon it by antitrust concerns), the combined brewery would be pulling in over $60 billion a year, dwarfing all of its competitors. AB-InBev would be acquiring not only the famous Miller Lite brand, but a number of brands popular in Africa, a place AB-InBev’s CEO, Carlos Brito, called “a key piece” of the deal. Brito himself, as CEO of the former InBev, oversaw the acquisition of Anheuser-Busch in 2008, creating the current superpower. There is speculation that this would not be AB-InBev’s last acquisition, given its history, but that it may turn its direction towards Coca Cola, creating a drink behemoth. However, no indication has yet arisen of that fate.

Neither is there any clear indication of how this may or if it will affect the craft brew scene, a market that only continues to grow while larger beer markets plateau

Photo via Wikimedia 


Tags: Beer
Recent Articles

Feedback

How are we doing? Tell us what you like or don't like and how we can improve. We would love to hear your thoughts!

*Name:
*E-mail:
*Suggestions:
 
There's an Underwater Winery in Croatia & It's as Amazing as it Sounds

There's an Underwater Winery in Croatia & It's as Amazing as it Sounds

Croatia is now home to a unique underwater winery run by Edivo Vina, making it the perfect spot to live out yo...read more ›

by The Drink Nation Jul 25, 2017
Things No One Asked For: The Hydrasatch, A Satchel Bag That Holds Mixed Drinks

Things No One Asked For: The Hydrasatch, A Satchel Bag That Holds Mixed Drinks

There's more good news out there for all those people who can’t possibly be without alcohol at their sides a...read more ›

by Ryan Hudak Jul 18, 2017
Flying Dog Terminates Brewers Association Membership, Cries McCarthyism

Flying Dog Terminates Brewers Association Membership, Cries McCarthyism

The Brewers Association, creators of the recently reported on craft brewery logo has lost one of its members: ...read more ›

by Alexander Frane Jul 18, 2017
SPONSORED
A Canadian Company is Crowdfunding 'Interesting' Whiskey Stones

A Canadian Company is Crowdfunding 'Interesting' Whiskey Stones

Morgan Street Company out of Ontario is trying to crowdfund a set of 'unique' whiskey stones....read more ›

by Ryan Hudak Jul 18, 2017
Game of Thrones & Ommegang Are Teaming Up For Its Line's Latest Beer, 'Winter Is Here'

Game of Thrones & Ommegang Are Teaming Up For Its Line's Latest Beer, 'Winter Is Here'

Just ahead of the July 16 premiere of HBO's megahit series Game of Thrones, Ommegang has announced its latest ...read more ›

by The Drink Nation Jul 11, 2017
Keep Calm & Carry On This Summer With Pimm's Popsicles

Keep Calm & Carry On This Summer With Pimm's Popsicles

The latest boozy summertime treat is the poshest yet - a U.K. based company is producing Pimm's popsicles....read more ›

by The Drink Nation Jul 11, 2017
AB InBev Brewers Responds to Brewers Association's Craft Label

AB InBev Brewers Responds to Brewers Association's Craft Label

AB InBev has released a video response to the craft beer seal recently developed by the Brewer's Association....read more ›

by Alexander Frane Jul 11, 2017
A Negroni Fountain Now Exists in New York City

A Negroni Fountain Now Exists in New York City

Award-winning cocktail bar Dante, a New York institution, has teamed up with design and concept firm AvroKo to take over the currently empty Genuine r...read more ›

by The Drink Nation Jul 6, 2017
A Texas Brewery Has Combined Ramen With Beer For Their Latest Brew

A Texas Brewery Has Combined Ramen With Beer For Their Latest Brew

College students, rejoice: a Texas brewery has made a beer using and inspired by ramen noodles....read more ›

by The Drink Nation Jul 6, 2017
The Brewers Association Has Unveiled a Craft Brewery Seal

The Brewers Association Has Unveiled a Craft Brewery Seal

The Brewer's Association, an organization seeking to support 'small and independent craft breweries,' has developed an optional seal to be placed on l...read more ›

by Alexander Frane Jun 27, 2017
SPONSORED
View all Articles

Sign up to get weekly drinking news, bar reviews, events and more sent directly to your inbox!

Close