SABMiller, one the world’s largest brewers, has launched a website which is said to provide a comprehensive guide to alcohol – from how beer is made to how alcohol impacts on the body. Talkingalcohol.com is interactive and explains the physical effects that cause a hangover. It gives statistics on the impact of alcohol on conditions such as diabetes and pregnancy. It also provides facts on…
Grupo Modelo, the leading brewer in Mexico and owner of the Corona Extra beer brand, claims that it has a consent right in respect of InBev’s proposed US$52bn deal to take over Anheuser-Busch. The US brewer of Budweiser owns 50 per cent of Modelo, which has a 63 per cent share of domestic and export sales and Corona is the best-selling imported beer in the…
The US brewing giant accepts takeover after InBev ups its offer to US$70 a share. Anheuser-Busch, the largest US brewer with a 48 per cent share of the market, has agreed to be taken over by the Belgian based brewer, InBev for US$52bn. The Budweiser company agreed to the deal at a board meeting yesterday (Sunday) after InBev, which owns brands such as Stella Artois,…
Anheuser-Busch directors came out fighting on Monday, launching a tirade against InBev plans to get them replaced and push through a $46bn takeover. InBev said it would file a solicitation with the US Securities and Exchange Commission, seeking the power to sack Anheuser’s 13-strong board and install its own team. The pressure is rising on Anheuser in an increasingly bitter takeover battle. Anheuser (A-B) said…
Whyte & Mackay, the Scotch brand owned by Indian billionaire Vijay Mallya, has reportedly shown interest in buying Glen Moray from LVMH. Elgin-based Glen Moray was put up for sale last week, as LVMH looks to re-focus its Glenmorangie business on single malts. A spokesperson for the Scotch Whisky Association told Drinks International that Glen Moray “will not be on the market for long”. He…
Double the droughts and up to 10 times more heatwaves will threaten the survival of one of Australia’s key grape growing regions, says a government report. The study, completed by top Australian scientists for the agriculture ministry, says the country’s Murray-Darling Basin – a key pillar in Australian wine and food production – faces destruction because of climate change. It predicts droughts will double across…
Sensory and lifestyle appeal are lifting the popularity of aged rums from the Caribbean and South America. Felicity Murray visits the St Lucia Rum & Food Festival and talks with major brand owners and mixologists. Why is aged rum gaining popularity? Because it tastes so good, says Joey Bergstein, Diageo’s senior vice president for global rums. And scores of leading cocktail mixologists and bar owners…