Brewer Carlsberg A/S said Monday, as it reported a sharp rise in fourth-quarter net profit, that it will spend a up to DKK6.5 billion ($1.16 billion) to gain full control of brewer Baltika Brewery in a bid to swing its ailing Russian business back to growth. Read the rest of this entry »

Tenth and Blake Beer Company, the craft and import division of MillerCoors, has purchased Minneapolis-based hard cider producer Crispin Cider Company to meet the increasing demand for the fermented apple drink. Read the rest of this entry »

Carlsberg A/S, the world’s fourth- biggest brewer, said it’s seeking acquisition opportunities in Asia, including China, amid slowing growth in Europe. Read the rest of this entry »

* China Resources, Tsingtao, Yanjing among suitors - source
* Kingway shares up 3.2 pct at three-week high Read the rest of this entry »

Carlsberg is currently the world’s fourth largest brewer, commanding nearly a 6% global beer volume share in 2011. However, as the company has faced falling demand in its main European markets in the past couple of years, it has been losing share, with fifth-ranked China Resources already threatening the Danish brewer’s position in the global rankings. Read the rest of this entry »

SABMiller plc., Anadolu Group (Anadolu Endüstri Holding A.Ş., Yazıcılar Holding A.Ş. and Özilhan Sınai Yatırım A.Ş.), and Anadolu Efes (Anadolu Efes Biracılık ve Malt Sanayii A.Ş.) today announce that they have signed the definitive transaction agreement Read the rest of this entry »

Global brewers, after spending $195 billion on acquisitions in the last decade, may slow the pace of deals in 2012 as beermakers struggle to maintain profit growth amid rising costs and weaker demand in the U.S. and Europe. Read the rest of this entry »

Beer brewing company Molson Coors Brewing Co. may have one of the best stock symbols in the beverage sector or even the entire market. Read the rest of this entry »

Anheuser-Busch Inc., part of the AB InBev NV international brewing giant, took a crucial step in its fight with state-owned Czech brewery Budejovicky Budvar over the Budweiser brand when it acquired its local Czech rival. Read the rest of this entry »

Diageo claims its new acquisition of Meta Abo Brewery in Ethiopia allows it to gain access to a fast-growing market. In beer to complement its existing spirits business. Read the rest of this entry »