Nigeria: Heineken sells 86.5% stake in Champion Breweries to EnjoyCorp Limited

In a significant move, EnjoyCorp Limited has announced its acquisition of an 86.5% stake in Champion Breweries Plc from Heineken B.V., marking its ambitious entry into the beverage industry, BNN ...
Published 01/03/2024 mehr

World: World barley balance sheet still remains comfortable despite smaller crop in 2023

Although crop 2023 production at 142.6 mln tonnes is nearly 10 mln tonnes lower than crop 2022, the balance sheet remains comfortable, despite production being the 3rd lowest in 10 ...
Published 01/03/2024 mehr

EU & UK: Concerns raising about timely planting of 2024 spring barley crop

Crop 2023 barley production at 54.5 mln tonnes, a drop of 4.3 mln tonnes from crop 2022, has tightened the malting barley balance sheet in the region, especially with some ...
Published 01/03/2024 mehr

Canada: Feed barley bids stuck in a steady downtrend

The Western Canadian feed market remains under pressure, with barley bids stuck in a steady downtrend, Farmtario reported on February 28. “Barley continues to decline slightly week after week and even ...
Published 01/03/2024 mehr

USA, WI: Karben4 Brewing files for bankruptcy

Citing a recent downturn in the craft beer industry, Madison brewery and taproom Karben4 Brewing has filed for bankruptcy but will stay open, The Cap Times reported on February 29. Founded ...
Published 01/03/2024 mehr

UK: Bairds Malt announces Inverness plant expansion

Further expansion plans worth up to tens of millions of pounds and creating new jobs have been announced at a state-of-the-art malting plant in Inverness, the Inverness Courier reported on ...
Published 29/02/2024 mehr

World: AB InBev records increase in 2023 revenue in spite of dip in US sales

Hiking beer prices led Budweiser owner Anheuser-Busch InBev to profit and revenue growth last year, even though U.S. sales of staple brand Bud Light were curbed by boycott action. The world’s ...
Published 29/02/2024 mehr

Japan: Non-alcoholic beer consumption up more than 20% since 2018 in Japan

Out of all the alternatives to alcohol, non-alcoholic beer has so far made the greatest inroads. Whether it’s the rise of specialists like Athletic Brewing in the US or Big Drop ...
Published 29/02/2024 mehr

Brazil: Ambev sees 10.9% decline in Q4 net profit as total volumes were slightly down

Brazilian brewer Ambev reported on February 29 a decline of 10.9% in fourth-quarter net profit, missing market forecasts as total volumes were down slightly by 0.1%, dragged down by South ...
Published 29/02/2024 mehr

USA: AB InBev reaches tentative deal with union, Molson Coors strike continues

Top U.S. brewer Anheuser-Busch InBev reached a five-year tentative labor deal with Teamsters that significantly raises pay, improves healthcare and retirement benefits, and provides job security for all 5,000 union ...
Published 29/02/2024 mehr