Spirit Cruises January 2023 Leaderboard

AB-InBev to Purchase SABMiller For $104 Billion

by Alexander Frane on Oct 14, 2015 in Beer

AB-InBev, the largest brewery in the world, has reached a proposed agreement to acquire SABMiller, the second largest, for the price of around $104 billion.
 
Almost immediately following its buy-out of the Canadian Mill Street Brewery, and its purchase of the American craft breweries Elysian and 10 Barrel in the last year, AB-InBev has moved to increase its already impressive size to over 30% of the market by acquiring SABMiller, the second largest brewery in the world. SABMiller has rejected previous offers by AB-InBev but has reportedly agreed to a deal, selling at £44-a-share (around $68)—50% over the market value.

If the deal goes through without any shedding of brands (a thing that may be forced upon it by antitrust concerns), the combined brewery would be pulling in over $60 billion a year, dwarfing all of its competitors. AB-InBev would be acquiring not only the famous Miller Lite brand, but a number of brands popular in Africa, a place AB-InBev’s CEO, Carlos Brito, called “a key piece” of the deal. Brito himself, as CEO of the former InBev, oversaw the acquisition of Anheuser-Busch in 2008, creating the current superpower. There is speculation that this would not be AB-InBev’s last acquisition, given its history, but that it may turn its direction towards Coca Cola, creating a drink behemoth. However, no indication has yet arisen of that fate.

Neither is there any clear indication of how this may or if it will affect the craft brew scene, a market that only continues to grow while larger beer markets plateau

Photo via Wikimedia 


Tags: Beer
Recent Articles
spacer

Feedback

How are we doing? Tell us what you like or don't like and how we can improve. We would love to hear your thoughts!

*Name:
*E-mail:
*Suggestions:
 
Philadelphia Distilling Launching Secret Pop-Up Cocktail Garden for Earth Day, April 11-21

Philadelphia Distilling Launching Secret Pop-Up Cocktail Garden for Earth Day, April 11-21

Philadelphia Distilling is transforming their fourth floor space into a secret garden to celebrate Earth Day, ...read more ›

by Drink Philly Apr 9, 2024
Dizengoff: Inside Look at the New Reimagined Restaurant, Bar, & Cocktails

Dizengoff: Inside Look at the New Reimagined Restaurant, Bar, & Cocktails

Last year, Dizengoff and Abe Fisher decided to join forces and embark on an exciting new chapter. After closin...read more ›

by Drink Philly Mar 5, 2024
The Drink Nation Presents: The Home Bar Project

The Drink Nation Presents: The Home Bar Project

Have you ever dreamed of having an amazing home bar, filled with bottles you actually use and the tools you need to execute a fine crafted cocktail? E...read more ›

by The Drink Nation Nov 14, 2014
SPONSORED
Spirit Cruises January 2023 Desktop Bottom Rectangle 1
Behind the Bar: Tom Foy of Butcher Bar

Behind the Bar: Tom Foy of Butcher Bar

In this installment of Behind the Bar, we sit down with bartender Tom Foy of Butcher Bar...read more ›

by Drink Philly Feb 19, 2024
48 Record Bar: An Inside Look at an Audiophile's Listening Room & Cocktail Bar

48 Record Bar: An Inside Look at an Audiophile's Listening Room & Cocktail Bar

48 Record Bar is the newest addition to the growing Listening Room trend in Philadelphia...read more ›

by Drink Philly Feb 19, 2024
The Best Cocktail Bars in Philadelphia

The Best Cocktail Bars in Philadelphia

In a city with new bar openings every week, it can be hard to keep up with the everchanging Philly cocktail landscape. Don't worry, we've got you cove...read more ›

by Drink Philly Dec 14, 2023
Best Bars for Outdoor Drinking in Philadelphia, 2023

Best Bars for Outdoor Drinking in Philadelphia, 2023

We've got your definitive list of where to drink outside in Philadelphia...read more ›

by Drink Philly May 27, 2023
Pamper Yourself at These Spas with Bars in Philadelphia

Pamper Yourself at These Spas with Bars in Philadelphia

Whether you're going solo or heading out with friends, we've got just the place for your to relax and enjoy a good drink...read more ›

by Jessie Donofrio Apr 5, 2023
The Best Mocktails, Zero Proof, & Non-Alcoholic Drinks in Philadelphia

The Best Mocktails, Zero Proof, & Non-Alcoholic Drinks in Philadelphia

Not drinking alcohol tonight? These bars and restaurants have you covered with inventive, thoughtful, and down...read more ›

by Michelle Cassidy Jan 11, 2023
Inflation Hits PA Wine & Spirits with 4% Price Increase Across 3,500 Products

Inflation Hits PA Wine & Spirits with 4% Price Increase Across 3,500 Products

The PLCB, announced that a 4% price increase would go into effect on 3,554 of its most popular wine and spirit...read more ›

by Jessie Donofrio Jan 9, 2023
SPONSORED
Drink Nation Home Bar Project Bottom Rectangle 2
View all Articles

Sign up to get weekly drinking news, bar reviews, events and more sent directly to your inbox!

Close