Anheuser-Busch InBev will export African beer brands with ‘huge potential’ to its global market.
A strong performance from Corona in Mexico failed to counter macroeconomic challenges in Brazil, as ABInbev’s volume sales dropped 1.4% in Q1.
Next up in the Brands Report is beer.
Johnnie Walker and Smirnoff have once again earned a place on the Interbrand ranking of the top 100 most valuable global brands.
AB InBev has successfully completed its buy-out of Mexican brewer Grupo Modelo in a transaction valued at USD$20.1bn
SAB Miller's Australian subsidiary, Foster's Group will no longer be allowed to import and distribute Mexican beer Corona Extra. Foster's has been informed by Corona's parent company Grupo Modelo that it intends to terminate Foster's licence to import and distribute Corona Extra in Australia with immediate effect. The brand's distribution will go to Lion Nathan.