Find happy hours and drink specials anywhere you are

Praise Mediocrity! $100 Billion Ab InBev, SABMiller Merger Approved By Shareholders

by Ryan Hudak on Sep 29, 2016 in Beer

Mimicking my thought process at a Chinese buffet, Anheuser-Busch InBev is making a massive push towards “quantity over quality” with a $100 billion acquisition of SABMiller.  This will give the massive company control of 27% of global watered-down beer production, which is a level of mediocrity heretofore unseen in the beer world.

In order to appease international regulators and avoid monopolizing the "shitty beer" industry, the company had to sell off some of its brands before the sale would be approved by its shareholders.  It reads like the domestic and international beer list at your local Applebee’s: Molson Coors will take over AB’s 58% interest in MillerCoors, LLC (giving the company 100% control), and Asahi Group will take over global rights to Peroni and Grolsch.  AB InBev will also sell off what would probably be its finest macro-pilsner, Pilsner Urquell.

What does this mean for the future of beer in our beloved country?  Probably not much.  This massive new venture will continue to churn out sub-par beer, but will focus on expanding in other underserved countries, especially targeting a growing market in Africa.  Other than buying up craft breweries here and there instead of trying to make good beer themselves—things will probably remain relatively unchanged. 

Additionally, chances are if you’re reading a site like this, you’re probably not drinking a whole lot of Bud Light anyway.  So keep doing the lord’s work and drinking local craft beer.  Fight the good fight, and maybe once the rest of the world catches on, this brewing behemoth will collapse under the weight of its own bloated beer belly.  Unless Africa really likes Lime-A-Ritas.  That’s when we should start to worry.

Photo via Flickr user Thomas Hawk


Tags: Beer, News
Recent Articles
spacer

Feedback

How are we doing? Tell us what you like or don't like and how we can improve. We would love to hear your thoughts!

*Name:
*E-mail:
*Suggestions:
 
George Clooney's Tequila Company Casamigos Sells to Diageo for $1 Billion

George Clooney's Tequila Company Casamigos Sells to Diageo for $1 Billion

Artist and philanthropist George Clooney can safely retire from Hollywood now - Casamigos, the tequila company...read more ›

by Alexander Frane Jun 27, 2017
Where to Celebrate Independence Day 2017 in D.C.

Where to Celebrate Independence Day 2017 in D.C.

There's no better way to celebrate Independence Day than in the nation's capital. Whether you're looking for a rooftop view of the fireworks, great ba...read more ›

by Lanna Nguyen Jun 27, 2017
SPONSORED
Find happy hours and drink specials anywhere you are
Enjoy Sundresses and Sangria at Pamplona

Enjoy Sundresses and Sangria at Pamplona

Expect eloquent sundresses, patio entertainment, Sangria pitchers and Pamplona's best bites....read more ›

by Carrie Dow Jun 27, 2017
Here's Where You'll Be Drinking in D.C. This Summer

Here's Where You'll Be Drinking in D.C. This Summer

When the dog days of summer hit DC, there's no better way to cool off than with ice cold beers and refreshing cocktails. Check out our list of bars to...read more ›

by Lanna Nguyen Jun 20, 2017
A Bar in Brooklyn Now Has a Beer ATM

A Bar in Brooklyn Now Has a Beer ATM

It was inevitable - people love beer, and people love convenience, especially in New York City. So Randolph Beer in Brooklyn has designed a convenient...read more ›

by Alexander Frane Jun 20, 2017
Neil DeGrasse Tyson is Getting His Own Beer

Neil DeGrasse Tyson is Getting His Own Beer

Astrophysicist, writer, and television personality Neil DeGrasse Tyson now has his very own beer, courtesy of Asheville Brewing Company....read more ›

by Drink Philly Jun 14, 2017
Drink These Warm Weather Cocktails In D.C. This Summer

Drink These Warm Weather Cocktails In D.C. This Summer

There's no better way to beat the heat than with tiki drinks, specialty cocktails, and punches made with fresh fruit - check out the seasonal specials...read more ›

by Lanna Nguyen Jun 13, 2017
Things No One Asked For: Fireball Gummy Candies

Things No One Asked For: Fireball Gummy Candies

Get ready - both Irish Confectionery Co. and VineGelee are now selling gummy bears spiked with Fireball. ...read more ›

by Ryan Hudak Jun 13, 2017
D.C. Is Getting a 'Game of Thrones' Pop-Up Bar For the Summer

D.C. Is Getting a 'Game of Thrones' Pop-Up Bar For the Summer

D.C. is getting a Game of Thrones pop-up bar - three of them, in fact. Drink Company (run by Derek Brown and Angie Fetherston) is turning three of its...read more ›

by The Drink Nation Jun 12, 2017
SPONSORED
View all Articles

Sign up to get weekly drinking news, bar reviews, events and more sent directly to your inbox!

Close