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Brewing news

Belgium & Hong Kong: AB InBev files for Hong Kong IPO of at least USD5 bln

The world's biggest brewer, Anheuser-Busch InBev, filed plans on May 10 to spin off its Asian business via a Hong Kong initial public offering, in a deal which two sources ...
Published 10/05/2019 More



Brewing news

USA: Boston Beer Company and Dogfish Head Brewery sign $300 mln merger agreement

Eight years ago, Dogfish Head and Boston Beer Company teamed up to brew a collaboration beer for the annual SAVOR craft beer and food pairing experience. On May 9, the two ...
Published 10/05/2019 More



Brewing news

Canada: Wild Rose Brewery agrees to be acquired by Sleeman Breweries

Alberta’s Wild Rose Brewery Ltd. (“Wild Rose”) officially announced on May 10 that it has been acquired by Sleeman Breweries Ltd. (“Sleeman”). The sale was approved on May 9 by ...
Published 10/05/2019 More



Wisky news

UK: Diageo submits building application for reopening Port Ellen distillery

In October 2017, Diageo announced plans to reopen its distillery Port Ellen on Islay that has been closed since 1983. Now, with the submission of a detailed building application to ...
Published 09/05/2019 More



Brewing news

Nigeria: Guinness Nigeria suffers operating profit drop in Q3 to March 31

Guinness Nigeria Plc said its operating profit fell N3.3 billion amid difficult business environment in the third quarter (Q3) ended March 31, 2019, the Guardian reported on May 9. Similarly, profit ...
Published 09/05/2019 More



Brewing news

Nigeria: Heineken Nigeria to raise prices to offset tax increase

Heineken NV’s Nigerian unit plans to raise prices this year to offset a sharp increase in taxes, Bloomberg reported on May 7. Nigerian Breweries Plc expects excise duties to jump about ...
Published 09/05/2019 More



Brewing news

Sri Lanka: Lion Brewery Ceylon Plc looking to cut costs, boost exports

Sri Lanka's largest beer manufacturer, Lion Brewery Ceylon Plc, is looking to cut costs and boost exports after a fall in local demand following the Easter Sunday bombings, EconomyNext reported ...
Published 09/05/2019 More



Malting news

Australia: GrainCorp may sell major assets after big loss

GrainCorp says it remains deep in talks with potential buyers of major parts of its business – possibly including the core grains business – three days after Long Term Asset ...
Published 09/05/2019 More



Brewing news

Estonia: Craft brewer Tanker opens new production facility just outside of Tallinn

Tanker, one of Estonia's largest craft beer producers, have opened a new production plant in the town of Jüri just south of Tallinn, ERR.EE reported on May 8. According to ...
Published 09/05/2019 More



Barley news

Canada: Barley stocks decrease by 26.6% as of March 31

On March 31, 2019, stocks of wheat, barley, corn for grain, oats, dry peas and lentils were down in Canada compared with the same date in 2018. Conversely, stocks of ...
Published 09/05/2019 More



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