London-based SABMiller is expected to offer a renewed bid to acquire all shares in Foster’s Group Limited after the Australian brewer releases its full year results on 23 August 2011. In June, Foster’s rejected SABMiller’s A$11.2bn bid to buy all shares in the company. The Board of Foster’s said the proposal “significantly undervalued the company”. The Foster’s share price has now fallen below SABMiller’s original bid price and, according to reports, SABMiller has assembled a multi-billion-dollar... ...Read more »

SABMiller has confirmed that it has made a non-binding, conditional proposal to the Board of Directors of Foster’s Group Limited to acquire all of Foster’s shares for A$4.90 per fully paid share in cash.The proposal to acquire Foster’s is in line with SABMiller’s strategy to create an attractive global spread of businesses. Australia has a strong, wealthy and growing economy with consistent long term population growth, and is well positioned to benefit from continued economic... ...Read more »

Local flavour is the preferred beer of travellers and locals alike, with both tourists and residents preferring to drink local brews. In research conducted by SABMiller during this year’s FIFA World Cup in South Africa, some 87% of visiting fans said that, when travelling abroad, they want to try different beers and steer clear of brands from their own country. The majority of the 700 people polled from 30 different countries expressed a preference for locally produced beers which add to the... ...Read more »

Popularity of the ‘world beer’ category drives 25% growth. SABMiller announces that its UK subsidiary, Miller Brands, has delivered lager volume growth of 25% on an organic basis in the first six months of the financial year to September 2010. The Peroni Nastro Azzurro brand maintained its momentum, with growth of 22%. In contrast to many brewers which saw a slump in demand post the FIFA World Cup, Miller Brands has maintained its strong performance, creating substantial value for on and... ...Read more »

SABMiller on Friday published research into beer drinking culture around Europe. The findings include:- Britain is the biggest round-buying nation, with 82% of people saying that they buy beer in rounds – three times more than in Germany, where drinkers prefer to pay for their own drinks individually - British bosses are amongst the most sociable in Europe – and the most generous, whereas French bosses are the least likely to ever go out for a beer with their teams - British women are... ...Read more »

SABMiller, one of the world’s largest brewers, has predicted how its breweries may look in the future, given a range of different scenarios determined by the cost and availability of water and energy.Working with innovation consultancy, Innovia Technology, SABMiller envisioned four plausible business environments, based on the different uncertainties facing the brewing industry over the next 30 years. These scenarios informed thinking around how the ‘Brewery of the Future’ might look... ...Read more »

Whilst the action on the pitch at this year’s World Cup may have been a disappointment for some, SABMiller and Crown Holdings Inc. are celebrating success off the field.  A brand new type of beer can, which was developed especially for Castle Lager and launched during the World Cup, has taken the main prize at the packaging industry’s annual awards. The Event Can won the Alcoholic Beverages category at the Starpack awards but was also declared the overall winner of 2010. Developed by... ...Read more »

SABMiller on Monday announced the introduction of a new beer to the portfolio of Miller Brands, its UK operation. The beer, Kozel, is a 4% ABV Czech lager which is brewed in the village of Velke Popovice, near Prague.Kozel will be launched in draught format with a managed pub operator in 100 selected sites starting from the end of September. Kozel, which means ‘goat’ in Czech, has been brewed in Velké Popovice since 1874 and families from the village have worked at the brewery for generations.... ...Read more »

SABMiller announced yesterday that its Ghanaian subsidiary, Accra Brewery Limited (ABL), will table a resolution at its AGM to be held on September 8, 2010, to seek a de-listing from the Ghana Stock Exchange.  SABMiller said that ABL has faced difficult market conditions over the past few years, and that a stock exchange de-listing will enable it to implement a business recovery programme. ABL, originally known as Overseas Breweries Limited, was registered in Switzerland in 1931, establishing a... ...Read more »

Model and TV presenter Jennifer Hawkins and entrepreneur John Singleton today toasted the first Bluetongue Premium Lager to roll off the production line at the new $120 million Pacific Beverages-owned brewery on the Central Coast today. After 18 months of building and the commencement of brewing a few weeks ago, the facility can now ramp up to its annual capacity of 50 million litres, equivalent to about 6.5 million cases. Singleton was enthusiastic about the new beer. “It is an exciting day... ...Read more »