Tag Archive | "asahi breweries"

Asahi Breweries Expands Business In China

Asahi Breweries Expands Business In China

Japanese beer manufacturer Asahi Breweries has announced that it plans to become one of the world's top ten food companies, through acquisition and by expanding its business in China. Naoki Izumiya, a senior managing director of Asahi, told media that Asahi aims to rank among the world's top ten food companies through acquisition and plans to enhance its liquor, beverage, and food businesses in China and other overseas markets. Naoki Izumiya added that the company also plans to achieve a JPY2 trillion sales target by 2015. [...more]

Announcements, Beer, News Comments (0)

Japan’s Asahi To Tie up with Danish Carlsberg in Hong Kong

Japan’s Asahi To Tie up with Danish Carlsberg in Hong Kong

Japan's top beer maker Asahi Breweries will tie up with Danish brewery Carlsberg this month to market its best-selling product Asahi Super Dry in Hong Kong, a press report said yesterday. The move is the first step of an alliance that the two firms are considering broadening to include other markets, the business daily Nikkei said. Asahi will use the marketing network of Carlsberg's Hong Kong unit, which has strong ties with local Western restaurants, convenience stores and supermarkets, the report said. The company sold 180,000 cases of beer in Hong Kong in 2008. One case contains 20 633-millilitre bottles. Asahi aims to double that figure by 2014 through the tie-up, the report said. Asahi's domestic rival Suntory Holdings is also tying up with U.S. beverage giant PepsiCo Inc. [...more]

Beer, News Comments (0)

Asahi Breweries Could Spend Up to $4.6 Billion on M&A

Asahi Breweries Could Spend Up to $4.6 Billion on M&A

Japan's Asahi Breweries said it could spend up to 400 billion yen ($4.6 billion) on acquisitions to avoid getting left behind amid a rush towards consolidation in the global food and beverage industry [...more]

Beer, News Comments (0)

Alltech – Mitsui and Asahi Breweries Create New Venture

Alltech – Mitsui and Asahi Breweries Create New Venture

The Mitsui trading company and the world renowned Japanese Asahi Breweries announced a new partnership, which will create a joint venture company trading as Advanced Yeast Technologies Japan between Mitsui and Asahi. Global animal health company, Alltech with more than 28 years' experience in the area of yeast production, processing and development will provide the research and development required to bring the products of this collaboration to the commercial marketplace. By 2014, 20 billion yen ($200 million/€158 million) in sales is targeted by the company. President and founder of Alltech, Dr. Pearse Lyons commented: "With our global vision, ability to operate locally in 113 countries and continually developing R&D facilities, Alltech is the ideal partner for this venture. We have been working with Mitsui for over 25 years and look forward to making these plans a reality. Further, as title sponsor of the Alltech FEI World Equestrian Games 2010TM, Alltech will construct international pavilions, where the tastes and flavours of countries including Japan will be showcased to the world." [...more]

News Comments (0)

Saturday, September 23, 5:56 am

Search by Tag