Anheuser-Busch InBev, the world’s largest brewer by production volume, plans to expand plant capacities in China next year to drive growth. AB InBev is seeking to compete with both domestic and foreign brewers in China, said the group’s top executive…Full Article: China Daily Dec 2017
- In December 2017, Anheuser-Busch InBev opened a new brewery with an annual production capacity of 1.5 million MTs of beer (~160,000 cans of beer per hour) in Putian, Fujian Province.
- In November 2017, Guangzhou Zhujiang Brewery (SHE: 002461) announced it hoped to expand its market presence in Eastern Europe, Southeast Asia, and Russia.
- In 2016, Guangzhou Zhujiang Brewery (SHE: 002461) had CNY 4 billion (USD 615 million in sales.
- In March 2016, China Resources announced it would buyout SABMiller’s 49% share in their joint venture, China Resources Snow Breweries, for USD 1.6 billion. The buyout was relatively cheap, with many analysts forecasting a USD 3 billion to USD 5 billion price tag.
- In December 2015, China Resources began financial inquiries into purchasing SABMiller’s 49% stake in order to allow Anheuser-Busch InBev to secure anti-trust approval in China for the latter’s takeover of SAB Miller.
- In October 2015, Anheuser-Busch InBev NV agreed to purchase SABMiller for US$104.2 billion.
- In July 2015, Anheuser-Busch InBev increased its stake in Zhujiang Brewery to 29.99% after a CNY 1.6 billion (~USD 258 million) investment.
- In April 2014, Belgium’s Anheuser-Busch InBev acquired Chinese brewer Siping Ginsber (Jilin province).
- In 2004, Inbev acquired Harbin Brewery (Heilongjiang province) and Xuejin Brewery (Fujian province) in 2006.
- In November 2002, Interbrew purchased a 24% stake in Zhujiang Brewery for USD 19.5 million.
- In July 2002, Interbrew signed an agreement to purchase 24% of Zhujiang Brewery.
- In March 2002, Interbrew (see Anheuser-Busch InBev) and Zhujiang Brewery signed a Memorandum of Understanding in Shanghai.
- In 1997, Anheuser-Busch InBev entered the Chinese market by acquiring Jinling Brewery, which is based in Nanjing, Jiangsu province.
- Founded in 1985 and headquartered in Guangzhou, Guangdong Province, Guangzhou Zhujiang Brewery (SHE: 002461) is state-owned brewery whose brands include “Pearl River” (Zhujiang), “Supra”, and “Chunsheng” (Draft Beer).
- In 1984, Anheuser-Busch InBev entered mainland China. As of 2016, its major beer brands in China included Budweiser (launched in 1995), Harbin beer (2004), Sedrin beer (2006), Corona Extra, and Stella Artois.
- In 1983, Heineken entered mainland China. The Dutch brewery gained a foothold in the cities of Putian, Quanzhou and Fuzhou, Fujian Province.
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