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47-406: On October 10, 2016, Anheuser-Busch InBev acquired SABMiller for £69 billion (US $ 107 billion at the time the deal closed a year later). The arrangement had been approved by shareholders of both companies on 28 September 2016, and the deal closed on 10 October 2016. The acquisition - subsequently referred to as a merger in the news media - ended the corporate use of the name SABMiller. The new company

94-742: A cartel in Belgium while four Luxembourg companies were fined €448,000 the same month. AmBev is a Brazilian beer company formed by a merger in 1999 between the Brahma and Antarctica breweries. It has a dominant position in South America. InBev announced in 2005 and confirmed in 2006 that it would move the brewing of Hoegaarden , whose brewery it determined was obsolete, to the Piedboeuf brewery in Jupille . This resulted in huge protests and great disappointment in

141-470: A bid of £70 billion, (US$ 107 billion when the deal closed), or £44 per share, for its largest rival, the South African company SABMiller , which if approved would give the company a third of the global market share for beer sales and a half of the global profit. The company had previously offered £38, £40, £42.15, £43.50 per share respectively, but each of these had been turned down. SABMiller accepted

188-504: A family-owned business until December 2000. At this point it organized an initial public offering, becoming a publicly owned company trading on the Euronext stock exchange (Brussels, Belgium). AmBev (short for America Beverages, formally Companhia de Bebidas das Américas , Portuguese for "Beverages Company of the Americas") is a Brazilian beverages company formed in 1999 with the merger of

235-705: A joint venture with Sun in Russia. In 2000, Interbrew acquired Bass and Whitbread in the UK. They then acquired a number of German breweries: Diebels and Beck's & Co. (founded 1873, the maker of the world's top selling German beer) in 2001, the Gilde Group in 2002, and Spaten in 2003. In 2002 Interbrew also acquired stakes in the K.K. Brewery and the Zhujiang Brewery, strengthening its position in China. Interbrew operated as

282-477: A new company to be named Anheuser-Busch InBev. It was reported that Anheuser would get two seats on the combined board. To obtain antitrust approval in the United States, InBev agreed to divest itself of the company that imported Labatt 's beer, another InBev brand, into the United States; this transaction was completed on 13 March 2009. The all-cash agreement, for $ 70 per share, or almost $ 52 billion, created

329-529: A number of smaller-volume and specialty beers, nonalcoholic brews like Budweiser Prohibition which made its first appearance in Canadian markets in 2016, malt liquors (King Cobra and the Hurricane family), and flavored malt beverages (e.g., Tequiza ). Anheuser-Busch had been one of the largest theme park operators in the United States with ten parks throughout the United States. In October 2009, AB InBev announced

376-610: A soft drinks business that has bottling contracts with PepsiCo through its subsidiary, Ambev . In December 2016, Coca-Cola Co. bought many of the former SABMiller's Coca-Cola operations, including those in Africa. As part of the agreements made with regulators before Anheuser-Busch InBev was allowed to acquire SABMiller, the company sold the Peroni, Meantime and Grolsch brands to Asahi on 13 October 2016. After acquiring SABMiller, Anheuser-Busch InBev SA/NV agreed on 21 December 2016 to sell

423-689: Is a US-Belgian-Brazilian multinational drink and brewing company based in Leuven , Belgium and is the largest brewer in the world. In 2023, the company was ranked 72nd in the Forbes Global 2000 . Additionally, AB InBev has a global functional management office in New York City , and regional headquarters in São Paulo , London , St. Louis , Mexico City , Bremen , Johannesburg , and others. It has approximately 630 beer brands in 150 countries. AB InBev

470-607: Is a global company which divides operations into five zones – North America, Latin America, Western Europe, Central & Eastern Europe, and Asia Pacific. In addition there is a Global Exports/Licenses section which comes under the responsibility of the central international department. The Western Europe zone has 16 brewing plants producing 36.1 million hectolitres . The trading companies are InBev Belgium, InBev France, Brasserie de Luxembourg Mousel-Diekirch SA, InBev Nederland, InBev UK, InBev Germany and InBev Italia. InBev's operations in

517-525: Is based. InBev employed close to 89,000 people, running operations in over 30 countries across the Americas, Europe and Asia Pacific. In 2007, InBev realized 14.4 billion euro of revenue. In 2006 InBev increased to 91% its share of Cerveza Quilmes , the largest beer manufacturer in Argentina. In 2007 InBev bought Lakeport Brewing Company , the largest discount brewer in Canada. The Interbrew and AmBev merger

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564-722: Is called Anheuser-Busch InBev SA/NV, (AB InBev) and is trading as ABI on the Brussels Stock Exchange, as BUD on the New York stock exchange and as ANH on the Johannesburg market. SABMiller ceased trading on global stock markets and became a business division of Anheuser Busch Inbev SA/NV. On October 11, 2016, Anheuser Busch Inbev SA/NV divested itself of its interests in the MillerCoors beer company to Molson Coors. Since SABMiller no longer exists as an entity, South African Breweries

611-571: Is now a subsidiary of Anheuser-Busch InBev SA/NV (abbreviated as AB InBev). Prior to incorporation in 1895, Castle Brewery had operations in Cape Town to serve the steady expansion of a settler community from the mid-17th century. The demand for beer prompted the first Dutch governor, Jan van Riebeeck , to establish a brewery at the Fort (later replaced by the Castle in central Cape Town) as early as 1658 - beating

658-560: The Corona brand. This transaction was valued at US$ 20.1 billion. To satisfy US anti-trust demands, on 7 June 2013 AB InBev sold its Grupo Modelo’s US business, including Grupo Modelo’s brand naming rights and one of the breweries in Piedras Negras in Mexico, for approx. US$ 4.75 billion to Constellation Brands , a competitor of AB Inbev in some beverage sectors. On 1 April 2014, AB Inbev completed

705-766: The Canadian beer brand Labatt . The transaction also included Labatt's sports -related assets, namely the Toronto Blue Jays baseball club, the Toronto Argonauts football club, and The Sports Network . At the time, Labatt was not much smaller than Interbrew, and since then the company has been considered a multinational with both Canadian and Belgian roots. Some important Interbrew brands are Stella Artois , Boddingtons , Beck's , Staropramen , Jupiler , Leffe , Labatt , Hoegaarden and Bass . In December 2001 Interbrew, Danone (former owner of Kronenbourg , and two other smaller brewers) were fined €91m for operating

752-727: The European brands to Asahi Breweries . InBev was created in 2004 from the merger of the Belgian company Interbrew and the Brazilian company AmBev. Before the merger with Ambev, Interbrew was the third largest brewing company in the world by volume; Anheuser-Busch was the largest, followed by SABMiller in second place. Heineken International was in fourth place and AmBev was the world's fifth largest brewer. Interbrew 's roots can be traced back to 1366 in Den Horen in Leuven when Brouwerij Artois

799-466: The Mexico (MEXBOL: ABI) and South Africa (JSE: ANH) stock exchanges and with American Depositary Receipts on the New York Stock Exchange (NYSE: BUD). SABMiller ceased trading on global stock markets and divested itself of its interests in the MillerCoors beer company to Molson Coors. The new AB InBev entity is the world's largest beer company. Estimated annual sales are US$ 55 billion and

846-641: The Salt River Brewery, and a second Cloete in Kloof Street. One of the key figures in the story of Newlands, and in the annals of South African beer manufacturing history, was Swede Anders Ohlsson, who sailed for Africa, aged 23, in 1864. Initially, he imported Swedish goods and timbers, and developed an extensive trade network and a solid business empire. Then he turned to brewing, basing himself at Newlands, where he produced Lion Lager. In 1956, Castle Brewery bought out Ohlssons and Chandlers Union Breweries and

893-748: The U.S. and Puerto Rico, including Redd's and import brands such as Peroni, Grolsch and Pilsner Urquell." The agreement made Molson Coors the world's third-largest brewer. In Canada, Molson Coors regained the right to make and market Miller Genuine Draft and Miller Lite from the former SABMiller. After the formation of Anheuser Busch Inbev SA/NV (AB InBev), the Company owned 630 beer brands including Budweiser and Bud Light , Corona , Stella Artois , Beck's , Leffe , Hoegaarden , Quilmes , Victoria , Modelo Especial , Michelob Ultra , Sedrin, Klinskoye , Sibirskaya Korona , Chernigivske , Cass and Jupiler until some were spun off. Anheuser Busch Company also owns

940-687: The UK began in 2000 when Interbrew acquired Tennent Caledonian Breweries and Whitbread PLC. The Western Europe Zone President is Alain Beyens. InBev UK holds the number-three market position in the UK with a 16.9% market share. In 2014, it produced 8.6 million hectolitres of beer at three breweries – Magor in Wales, Samlesbury in England, and Stag in Mortlake , London. In August 2009, AB Inbev announced that Irish drinks company C&C had agreed to purchase Tennents for £180m,

987-502: The United States, Coors is majority-owned by MillerCoors (a subsidiary of SABMiller) and minority-owned by Molson Coors, though internationally it's entirely owned by Molson Coors, and Miller is owned by SABMiller." The merger (AB InBev acquisition of SABMiller), closed on 10 October 2016. The new company is called Anheuser-Busch InBev SA/NV (AB InBev), based in Leuven, Belgium and listed on Euronext (Euronext: ABI), with secondary listings on

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1034-411: The bid in principle , but consummation of the deal required antitrust approval by regulatory agencies. In 2015, the U.S. Department of Justice (DOJ) had agreed to the deal only on the basis that SABMiller "spins off all its MillerCoors holdings in the U.S.—which include both Miller- and Coors-held brands—along with its Miller brands outside the U.S." The entire ownership situation was complicated: "In

1081-412: The board of directors. On 10 October 2016 an over $ 100 billion merger between Anheuser-Busch InBev (AB InBev) and SABMiller closed. The new company is trading as NewbelcoSABMiller. Anheuser-Busch InBev SA/NV is trading on the Brussels Stock Exchange as ABI.BR and as BUD on the New York stock exchange. Brazilian Carlos Brito is the current chief executive officer . Brito replaced John Brock at

1128-530: The company announced that brewing would continue at the Hoegaarden Brewery in Hoegaarden . On 12 June 2008 InBev announced that it made a US$ 46 billion offer for the brewing firm Anheuser-Busch. This merger joined two of the world's four largest brewing companies (based on revenue) and created a company that brews three of the top beers in the world – Bud Light, Budweiser and Skol . InBev also stated that

1175-792: The company began a buyback of shares-it is planned to buy up to 20% of the issued share capital . The annual buyback program is up to $ 1 billion. The following is a diagram of AB InBev's major mergers and acquisitions and historical predecessors. Brouwerij Artois (Est 1366, Named Artois 1717 - Belgium) Piedboeuf Brewery (Est 1812 - Belgium) Labatt Brewing Company (Est 1847, Acq 1995 - Canada) Beck's & Co. (Est 1873, Acq 2001 - Germany) Lakeport Brewing Company (Est 1992, Acq 2007 - Canada) Companhia Antarctica Paulista (Est 1880 - Brazil) Companhia Cervejaria Brahma (Est 1886 - Brazil) Cervecería y Maltería Quilmes (Est 1890, Acq 2006 - Argentina) InBev InBev ( / ˈ ɪ n b ɛ v / )

1222-450: The company will have an estimated global market share of 28 percent, according to Euromonitor International. As per the agreement with the regulators, the former SABMiller sold to Molson Coors full ownership of the Miller brand portfolio outside of the U.S. and Puerto Rico for US$ 12 billion. Molson Coors also retained "the rights to all of the brands currently in the MillerCoors portfolio for

1269-495: The company, for the first time, became known as the South African Breweries . The main brand is Castle Lager , first brewed in 1895. Castle Lager has won many awards, from gold medals to the "World's Best Bottled Lager" award at the 2000 International Brewing Industry Awards . The lager has 5% ABV with a unique light hops taste, advertised as "somewhat dry, somewhat bitter, never sweet" and as "the beer that stood

1316-427: The end of 2005. InBev's current Board of Directors include María Asunción Aramburuzabala , Martin J Barrington, Alex Behring , Michèle Burns, Paul Cornet de Ways Ruart, Stéfan Descheemaeker, Grégoire de Spoelberch , William F. Gifford, Olivier Goudet, Jorge Paulo Lemann , Elio Leoni Sceti , Alejandro Santo Domingo , Carlos Alberto da Veiga Sicupira, Marcel Herrmann Telles (Chairman), Alexandre Vandamme . InBev

1363-644: The end of 2019, total liabilities amounted to US$ 95.5 billion. Net debt to normalized EBITDA decreased to 4.0×. Goodwill reached US$ 128.114 billion, which compares with revenues of US$ 52.329 billion in 2019. For this deleveraging, the dividend for 2018 in EUR was cut in half compared with 2017. On 8 August 2023 Anheuser-Busch sold off several brands to Tilray . These included Blue Point Brewing Company , Breckenridge Brewery , Shock Top , Redhook Ale Brewery , Widmer Brothers Brewery , 10 Barrel Brewing Company, Square Mile Cider Company, and HiBall Energy. In November 2023,

1410-637: The entity to be known as AB InBev-Efes. AB InBev owns 24 percent of Anadolu Efes from its SABMiller acquisition, with the joint venture being consolidated in Anadolu Efes books, whilst being treated as an equity investment by AB InBev. On 21 July 2017, Anheuser-Busch InBev continued its investment in the non-alcohol beverage sector with the purchase of energy drink company Hiball. In December 2018, Anheuser-Busch InBev partnered with cannabis producer Tilray to begin researching cannabis infused non-alcoholic beverages with Tilray subsidiary, High Park Company. At

1457-687: The first wine production by six months. In the same year, Pieter Visagie brewed the first beer from the waters of the Liesbeeck River . Over the next 200 years, brewing made its mark in the Cape and beyond. Noted brewers of the time included Cloete at the Newlands Brewery; Ohlsson at the Anneberg Brewery; Jacob Letterstedt at Mariendahl Brewery - also in Newlands : Hiddingh at Cannon Brewery; Martienssen at

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1504-572: The former SABMiller Ltd. business in Poland, the Czech Republic, Slovakia, Hungary and Romania to Asahi Breweries Group Holdings, Ltd. for US$ 7.8 billion. The deal includes popular brands such as Pilsner Urquell , Tyskie , Lech , Dreher and Ursus . In August 2017, the company announced the formation of a 50–50 joint venture with Anadolu Efes , by merging both of their operations in Russia-with

1551-590: The innovations H2OH! and Guarah. The subsidiary is listed on B3 , the São Paulo stock exchange, and on the New York Stock Exchange . In 2004, Interbrew and AmBev merged , creating InBev . While its core business is beer, the company also had a strong presence in the soft drink market in Latin America. It employed about 86,000 people and was headquartered in Leuven, Belgium, where Anheuser-Busch InBev

1598-403: The merger would not result in any U.S. brewery closures and it would also attempt to keep management and board members from both companies. On Sunday 13 July 2008 Anheuser-Busch announced that it had agreed to an acquisition by InBev valued at about US$ 52 billion in cash, or $ 70 per share. As a condition, InBev will be renamed Anheuser-Busch InBev and Anheuser-Busch would retain two seats on

1645-826: The re-acquisition of the Oriental Brewery (OB), which it had sold in July 2009. OB is the largest brewer in South Korea . Its CASS brand is the best-selling beer in South Korea. All beers produced by OB are brewed using rice. In 2013, AB InBev opened its Bud Analytics Lab in Research Park, University of Illinois at Urbana-Champaign , which develops data research and innovation to solve problems ranging from assortment optimization, social media, and market trends to large scale data initiatives. On 13 October 2015, Anheuser-Busch InBev made

1692-572: The sale of its Busch Entertainment theme park division to The Blackstone Group for $ 2.7 billion. The company had been investigating a sale of Busch Entertainment since the merger with AB InBev. In 2012, AB InBev bought a 51% stake of Cervecería Nacional Dominicana , a beer producer in the Dominican Republic which was the largest in the Antilles and Central America. In 2013 the company bought Grupo Modelo , Mexico's leading brewer and owner of

1739-558: The test of time" . South African Breweries is a major supporter of South African sport, and Castle Lager is the official sponsor of the South African cricket and soccer teams. Until 2004, it was also the primary sponsor of the national rugby team, the Springboks , but that position has now been taken by Standard bank Group Limited. Anheuser-Busch InBev Anheuser-Busch InBev SA/NV ( Flemish pronunciation: [ˈɑnɦɔizər ˈbuɕ ˈɪmbɛf] ), commonly known as AB InBev ,

1786-439: The town of Hoegaarden . The beer, though, is made with a very special yeast that is difficult to cultivate and keep alive. The Jupille -based brewery proved incapable of attaining desired levels of quality and InBev's sole alternative was to bring production back to the original Hoegaarden -brewery, causing great sarcasm in the media that, by that time, had become openly hostile towards the beer-giant. In September 2007 however,

1833-606: The two biggest Brazilian brewers, Antarctica (founded in 1880) and Brahma (founded in 1886). The organization's headquarters are in São Paulo, Brazil. As an independent operator it's the largest beer company by market capitalization in Brazil and in the Southern hemisphere . Ambev operates in 18 countries in the Americas and its products include beers such as Antarctica, Bogotá Beer Company, Brahma , Bohemia, Stella Artois and soft drinks like Guaraná Antarctica , Soda Antarctica, Sukita and

1880-474: The world's largest brewer, creating one of the top five consumer products companies in the world. Under the terms of the merger agreement, all shares of Anheuser-Busch were acquired for US$ 70 per share in cash, for an aggregate of US$ 52 billion. Anheuser-Busch was established in 1852 in St. Louis, Missouri, US as Anheuser & Co. It is the largest brewing company in the United States and employs over 30,000 people. It

1927-560: The world's largest brewer, uniting the maker of Budweiser and Michelob with the producer of Stella Artois , Bass and Brahma . The two companies would have yearly sales of more than $ 36.4 billion, surpassing the previous largest brewer, London-based SABMiller . On 10 October 2016 Anheuser-Busch InBev acquired SABMiller for £69 billion (US$ 107 billion). SABMiller then ceased trading on global stock markets. The new company, now Anheuser-Busch InBev SA/NV, subsequently sold SAB's MillerCoors beer company to Molson Coors and sold many of

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1974-539: Was a brewing company that resulted from the merger between Belgium-based company Interbrew and Brazilian brewer AmBev which took place in 2004. It existed independently until the acquisition of Anheuser-Busch in 2008, which formed Anheuser-Busch InBev (abbreviated AB InBev). InBev had operations in over 30 countries and sales in over 130 countries. In 2006, it had a market capitalization of €30.6 billion and net profit of €3.2 billion on sales of €13.3 billion. On 13 July 2008 InBev agreed to buy Anheuser-Busch , forming

2021-506: Was established by 1366 and the Piedboeuf brewery was established by 1812. Interbrew then acquired a number of local breweries in Belgium. By 1991, the second phase of targeted external growth began outside Belgium. The first transaction in this phase took place in Hungary, followed in 1995 by the acquisition of Labatt Brewing Company (founded 1847), the largest brewer in Canada, and then in 1999 by

2068-644: Was formed through InBev acquiring the American company Anheuser-Busch . Anheuser-Busch InBev SA/NV is a publicly listed company, with its primary listing on the Euronext Brussels. It has secondary listings on Mexico City Stock Exchange , Johannesburg Stock Exchange , and New York Stock Exchange . Interbrew was formed in 1987 from a merger of the two largest breweries in Belgium: Artois and Piedboeuf . The Artois brewery, previously known as Den Hoorn ,

2115-531: Was founded. Starting as early as the 1960s, the Artois brewery acquired several local breweries and hence consolidated its position in Belgium, until they expanded internationally by acquiring two Dutch breweries, Dommelsch in 1968 and Hengelo Bier in 1974. Finally in 1987, Artois and the Walloon -based brewer Piedboeuf, came together to form Interbrew. The move onto the global scene only happened when Interbrew acquired

2162-482: Was the world's largest brewing company based on revenue , but third in brewing volume, before the acquisition by InBev announced 13 July 2008. The division operated 12 breweries in the United States and 17 others overseas. Anheuser-Busch's best-known beers included brands such as Budweiser , the Busch (originally known as Busch Bavarian Beer) and Michelob families, and Natural Light and Ice . The company also produced

2209-510: Was valued at $ 11.5 billion, and consolidated the top brands from Belgium, Canada, Germany and Brazil. The merger combined the third largest brewing company in the world (Interbrew) and fifth largest (Ambev) into the world's No.1 beermaker. Before the merger, Heineken International was in fourth place, SABMiller was in second place, and Anheuser-Busch had been the largest. In 2008, InBev acquired Anheuser-Busch , creating Anheuser-Busch InBev (AB InBev), expanding on InBev's previous status as

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