Home / Business / Food & Beverage Tools: Save | Print | E-mail | Most Read | Comment
AB-InBev deal may reshuffle Chinese market
Adjust font size:

US brewer Anheuser-Busch Cos Inc (AB) accepted a sweetened $52 billion takeover bid from Belgium-based InBev in July, creating the world's largest beer maker, which will produce a quarter of the world's beer, with Budweiser as its flagship brand.

The deal is an indication of the willingness of international beer giants in the sector to cooperate on a higher level.

The two companies' footprints in China are complementary. InBev's China business in southeastern China will be enhanced by AB's strength in northeastern China, according to a statement published on InBev's website.

InBev entered the Chinese market in 1984, and it has since owned 33 private and joint-venture factories with an annual capacity of four million kiloliters. The company currently ranks No 3 in the sector in China and already has partnerships with smaller Chinese players including Zhejiang Shiliang Brewery, and owns 100 percent of Fujian Sedrin Brewery.

After the deal, it will obtain AB's 27 percent stake in China's Tsingtao, the leading Chinese premium brewer, as well as ownership of the Harbin Brewery Group's 13 breweries.

In addition, InBev will own AB's Budweiser, which is a strong and growing brand in China and Corona Extra, which is the No 5 brand globally.

Xiao Derun, director of the Beer Branch of China Alcoholic Drinks Industry Association, said the new company would take up 25 percent of China's total beer production.

CR Snow, which is currently China's No 1 brewery, produces in the region of 6.9 million kiloliters annually. The new combined company is expected to become the largest beer manufacturer in China with a capacity of 10 million kiloliters a year.

Industry insiders predict that the major competition in China's beer market will be between InBev and CR Snow in coming years.

1   2   3    


Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- InBev buys AB at $52b, Chinese breweries change pattern
- InBev proposes acquisition to AB
Most Viewed >>
- China raises export tax rebate for textiles to 13%
- HK firms may close mainland plants on higher costs
- Anti-monopoly law takes into effect
- Deadline day for online businesses
- CPI decline eases pressure for rate rise
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
主站蜘蛛池模板: 91麻豆黑人国产对白在线观看| 夜鲁鲁鲁夜夜综合视频欧美| 免费一区二区视频| 东北小彬系列chinese| 精品久久久久国产| 国产精品久久久久国产精品三级 | freehd182d动漫| 日韩精品无码久久一区二区三| 国产又黄又爽视频| eeuss中文字幕| 日韩毛片无码永久免费看| 人人妻人人做人人爽精品| 青青热久久久久综合精品| 成年网在线观看免费观看网址| 亚洲女成人图区| 色多多在线视频| 女人扒开腿让男人捅| 久精品国产欧美亚洲色aⅴ大片| 男人操女人免费视频| 国产原创中文字幕| 91精品国产手机| 日韩在线视频精品| 君子温如玉po| 99久久综合狠狠综合久久| 日本bbwbbwbbw| 亚洲另类视频在线观看| 青青在线国产视频| 国产高清免费的视频| 中文天堂在线观看| 污污内射在线观看一区二区少妇| 国产一区二区三区在线观看免费 | 久久久精品2019中文字幕之3| 精品欧美一区二区在线观看 | 亚洲国产第一页| 青草久久精品亚洲综合专区| 国产高清一级毛片| 久久夜色精品国产噜噜麻豆| 欧美黑人巨大xxxxx视频| 向日葵app下载视频免费| 成人浮力影院免费看| 国内揄拍国内精品|