Tag Archive | "kirin"

Three Brewers interested in acquiring Mexico’s FEMSA Cerveza

Three Brewers interested in acquiring Mexico’s FEMSA Cerveza

Three brewers are interested in acquiring Mexico's FEMSA Cerveza in a $7.5-billion plus auction, with SABMiller (SAB.L) seen front runner in a deal likely to be sealed in January, sources close to the situation said yesterday. Europe-based brewers SABMiller and Heineken are both keen to buy one of the last big emerging market brewers, while Japan's largest brewer, Kirin Holdings Co , has asked for details on the brewer, which was effectively put up for sale last month. [...more]

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Kirin to build new Brewery in New Zealand

Kirin to build new Brewery in New Zealand

Kirin Holdings Co. (TYO:2503) plans to invest roughly 23 billion yen to support beer production in Australia and New Zealand through Lion Nathan Ltd., which became Kirin’s wholly own unit last month. Kirin is looking to upgrade production lines at breweries in Sydney and Brisbane, and build a new brewery equipped with a warehouse in […] [...more]

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October ’09 sees Japanese Beer shipments at all time low

October ’09 sees Japanese Beer shipments at all time low

Shipments of beer and beer-like alcoholic beverages in Japan fell 4.3 percent to 37.98 million cases in October, setting a record low for the month, industry reports said Thursday. The number was the lowest for any October since 1992, when breweries began compiling comparable data. (One case contains 20 x 633-ml bottles) [...more]

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Kirin to cut annual profit forecasts

Kirin to cut annual profit forecasts

Kirin Holdings Co., Japan’s biggest beverage maker, cut its full-year net income forecast by 25 percent on costs to close two domestic breweries in the shrinking beer market. [...more]

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Frucor is cleared to take over NZ rival Simply Squeezed

Frucor is cleared to take over NZ rival Simply Squeezed

Frucor Beverages, the local unit of Japan's Suntory Holdings, gained regulator approval to acquire rival juice business Simply Squeezed. Frucor is New Zealand's second-largest non-alcoholic drink company in New Zealand after Coke bottler Coca-Cola Amati, with brands including Just Juice, Fresh Up, Arano, Citrus Tree and McCoy. Hawkes Bay-based Simply Squeezed producers Simply Squeezed, Allganics, Supreme Country Style and Bay Harvest brand drinks. [...more]

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Tsingtao 68% net Profit increase for first half year – Sales up 15%

Tsingtao 68% net Profit increase for first half year – Sales up 15%

China’s leading beer maker Tsingtao Brewery Co brewed up a 68 percent jump in net profit in the first half of this year as it sold more beer following a series of mergers and acquisitions. The nation’s biggest brewery by market value said Friday its first-half profit rose to 639.8 million yuan (US$94 million) from […] [...more]

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Suntory to acquire Japanese Soft Drinks Division of Nichirei

Suntory to acquire Japanese Soft Drinks Division of Nichirei

Japan's Suntory Holdings Ltd. said Tuesday that it has reached a basic agreement to acquire the soft drink division of frozen food maker Nichirei Corp. [...more]

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Monday, December 18, 6:27 pm

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