Tuesday, February 15, 2011

Worlds largest beer company keeps getting bigger

Well, it appears InBev continues to gobble up other brew companies throughout the world.  If you want to see the current list (minus Kirin) then go HERE.  I would also suggest watching the movie Beer Wars, which can be viewed online with Netflix.  Personally, how this is not a Monopoly, I will never understand.

Kirin To Sell Stake In China Beer Affiliate To Anheuser-Busch InBev

TOKYO (Dow Jones)--Kirin Holdings Co. (2503.TO) said Monday that it has agreed to sell its entire 25% stake in China's Dalian Daxue Brewery Co. to Anheuser-Busch InBev NV.

The move comes as part of Kirin's efforts to reorganize its Chinese beer operations, but the company will keep holding two other beer production companies in China, Kirin Brewery (Zhuhai) Co. and Hangzhou Qiandaohu Brewery Co. Kirin declined to comment on the value of the Dalian Daxue Brewery transaction.

Kirin bought the 25% stake in Dalian Daxue Brewery in 2004 for about Y3.87 billion. With annual capacity of 280,000 kiloliters of beer, the Chinese brewer operates in Liaoning Province in the northeast, one of the regions with the highest beer consumption in China.

-By Hiroyuki Kachi, Dow Jones Newswires; 813-6269-2789; Hiroyuki.Kachi@dowjones.com

1 comment:

  1. Wow, what a list. InBev should be glad the microbrew market is so strong in the US. With that list of breweries the little guy is proving to be the best defense against an antitrust charge


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