Gerard Rijk News
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Carlsberg A/S, the world’s fourth- biggest brewer, is returning to Thailand after a seven-year hiatus, following Heineken NV’s successful bid to expand in Southeast Asia.
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Thai billionaire Charoen Sirivadhanabhakdi’s companies gave their support to Heineken NV’s offer for Fraser & Neave Ltd’s beer business, paving the way for him to take control of the conglomerate’s other assets.
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A race for a dwindling number of brewing assets in high-growth emerging markets is spurring beer makers to take full control of joint ventures to keep them out of the hands of competitors.
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Nutreco Holding NV, the world’s biggest maker of fish feed, would be a suitable candidate to buy Provimi, put up for sale by a unit of Permira Advisers LLP, an analyst at ING Groep NV said.
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Anheuser-Busch InBev NV, the world’s biggest brewer, will place Corona Extra alongside Budweiser after it agreed to acquire the remaining 50 percent of Corona maker Grupo Modelo SAB for $20.1 billion in cash.
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SABMiller Plc, the world’s second- largest brewer by volume, said the head of its European unit will succeed Graham Mackay as chief executive officer after naming the current CEO as the successor to Chairman Meyer Kahn.
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SABMiller Plc, the world’s second- biggest brewer by volume, said it expects profit margins to show little change this year as savings programs and price increases offset rising commodity prices.
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In building SABMiller Plc from Africa’s biggest brewer to the world’s second-largest by volume, Chief Executive Officer Graham Mackay has earned a reputation for not paying too much for purchases. His desire to snare Foster’s Group Ltd. will test that discipline.
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Unilever , the world’s second-biggest consumer goods maker, agreed to sell its Italian frozen-foods unit to a group led by Birds Eye Iglo for 805 million euros ($1.04 billion) as it focuses on building international brands.
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Anheuser-Busch InBev NV may spend about $20 billion buying the half of Grupo Modelo SAB it doesn’t already own, according to a person with knowledge of the matter.
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