Tag Archive | "south america"

Heineken acquires FEMSA’s Beer business in a $7 Billion Dollar deal

Heineken acquires FEMSA’s Beer business in a $7 Billion Dollar deal

Heineken said Monday that it would buy the beer operations of Femsa, one of the biggest brewers in Mexico, in an all-share transaction that values the business at $7.6 billion. The move further consolidates the beer industry into a few global players. The move will make Heineken a “more competitive player in Latin America, one […] [...more]

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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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Baltika to launch Arsenalnoe in Chile

Baltika to launch Arsenalnoe in Chile

Baltika Breweries is increasing its presence in Latin America In mid-October a container with 0.5 liter glass bottles of Arsenalnoe Traditional beer was shipped from Sea Port of Saint-Petersburg to Chile. The total volume of the shipment was 10,000 liters. Such beer shipment by sea takes a month and a half on average. Arsenalnoe Traditional […] [...more]

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SAB & Heineken in talks with FEMSA over possible sale?

SAB & Heineken in talks with FEMSA over possible sale?

Fomento Economico Mexicano SAB, Latin America's largest beverage company, said it's in discussions "with several parties" regarding its beer business. [...more]

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Tecate Beer to launch in Aluminium Bottles

Tecate Beer to launch in Aluminium Bottles

Tecate, one of Mexico's most popular beers, and a leading Mexican export for more than 60 years, has enhanced its image and dramatically increased demand by offering its 'cerveza' in aluminum bottles produced by CCL Container, in addition to glass bottles. [...more]

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Mexico: Profits down – Sales Up – Exports down for Modelo

Mexico: Profits down – Sales Up – Exports down for Modelo

Mexican brewer Grupo Modelo reported a 47 percent decline in second-quarter net profit on Wednesday, hit by the cancellation of some derivative positions that more than offset an increase in sales. [...more]

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A-B InBev hit with record fine in Brazil anti-trust case

A-B InBev hit with record fine in Brazil anti-trust case

Brazil’s antitrust regulator has slapped Brazilian brewer AmBev - Latin America’s biggest brewer and a key division of Anheuser-Busch InBev - with a record $186 million fine for anti-competitive practices that limited rivals’ access to markets. [...more]

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People: International Executive Appointments at Pernod Ricard

People: International Executive Appointments at Pernod Ricard

Pernod Ricard (Paris:RI) announces seven new appointments, effective from 1st of July 2009 . Further to the nomination of Gilles Bogaert as Managing Director Finance of Pernod Ricard, Bryan Fry, currently Marketing Vice President of Pernod Ricard Asia, will succeed him in the position of Managing Director of Pernod Ricard Brasil and will report to Philippe Dréano, Chairman and Chief Executive Officer of Pernod Ricard Americas. [...more]

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Red Stripe Boss Mark McKenzie leaves Diageo

Red Stripe Boss Mark McKenzie leaves Diageo

Red Stripe boss Mark McKenzie is the latest top manager to get the axe as Diageo continues to reorganise its Regional operations. [...more]

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Vanezuela Government Bans sale of Coke Zero citing unspecified “health concerns”

Vanezuela Government Bans sale of Coke Zero citing unspecified “health concerns”

The Venezuelan government of U.S.-critic President Hugo Chavez on Wednesday ordered Coca-Cola Co to withdraw its Coke Zero beverage from the South American nation, citing unspecified dangers to health. [...more]

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What is Cachaça?

What is Cachaça?

Unknown to many outside Brazil, the cultural significance of cachaça, a distilled liquor, ranks among soccer, carnival, and samba. Although non-Brazilian’s compare cachaça to rum, their only similarity is that they both originate from sugarcane. Cachaça first gained popularity among slaves and peasants during Brazil’s colonial period but the spirit has recently become a favorite domestically and internationally regardless of the drinker’s class. [...more]

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Texas: Regional Manager

Texas: Regional Manager

Viña San Pedro was founded in 1865 and today is the second largest Chilean wine exporter to the United States. VSP is present in over 80 markets on all five continents with its wine group consisting of Vina San Pedro, Tarapaca, St Helena, Altair, Misiones d Rengo, Tabali, Vina Leyda, Vina Mar, and Casa Rivas from Chile and Finca la Celia and Tamari from Argentina. [...more]

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