* Molson, Modelo weigh joint bid for Foster’s - source
* Banks including BoFA, Deutsche helping w/ financing
* Foster’s ADRS up 5.5 pct; Molson shares down 3 pct (Adds company background, details on potential bidders, analyst comment, Molson Coors closing share price) Read the rest of this entry »

Beer enthusiasts are toasting the Alabama Legislature for passing a bill that they hope will lead to a resurgence of brew pubs and the opening of more breweries. Read the rest of this entry »

Thousands of public events across Europe depend heavily on sponsorships by European brewers and could be in danger amid ongoing scrutiny of such financial support that totals nearly €1 billion annually, according to a new study commissioned by The Brewers of Europe. Read the rest of this entry »

Craft Brewers Alliance, Inc. (CBA) /quotes/comstock/15*!hook/quotes/nls/hook HOOK -1.60% , an independent craft brewing company, has hired Andrew (Andy) Thomas to complement and enhance the company’s growth opportunities in providing quality craft beer and new beer experiences to consumers. In his role as the president of commercial operations, Thomas will be accountable for all sales and marketing activities at CBA and will report directly to CEO Terry Michaelson. Thomas recently served as a consultant for CBA. Read the rest of this entry »

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In March 2011 the general manager of Private Joint Stock Company “Miller Brands Ukraine” (formerly Closed Joint-Stock Company “Sarmat”) Igor Tikhonov summarized the results of the work which has been performed by the company for two and a half years since the day of Donetsk enterprise SABMIller plc purchase. Integration into the framework of the parent company is completed. The main strategic mission of Ukrainian subdivision today is to create a coherent portfolio of brands, which could include international and local trademarks. “Sarmat” brand was the foundation which served as the basis for license brands emergence and growth but in the course of time its role will become of minor importance. Read the rest of this entry »

Consumption polarization is the main trend of the market – the economy and premium segments grow due to the sales of mass beer sorts. Carlsberg Group and SABMiller seized the opportunity given by this trend and increased their market share yet the mainstream leaders companies AB InBev and “Obolon” saw some market share decline. The retail beer price becomes still more important as brewing companies got involved into price competition. They keep the prices for economy brands down, propose bonus packages and inexpensive license brands. But in spite of the actions of international companies, the market shares of small producers and import continue to grow. Read the rest of this entry »