AB-InBev to Purchase SABMiller For $104 Billion

by Alexander Frane on Oct 14, 2015 in Beer

AB-InBev, the largest brewery in the world, has reached a proposed agreement to acquire SABMiller, the second largest, for the price of around $104 billion.
 
Almost immediately following its buy-out of the Canadian Mill Street Brewery, and its purchase of the American craft breweries Elysian and 10 Barrel in the last year, AB-InBev has moved to increase its already impressive size to over 30% of the market by acquiring SABMiller, the second largest brewery in the world. SABMiller has rejected previous offers by AB-InBev but has reportedly agreed to a deal, selling at £44-a-share (around $68)—50% over the market value.

If the deal goes through without any shedding of brands (a thing that may be forced upon it by antitrust concerns), the combined brewery would be pulling in over $60 billion a year, dwarfing all of its competitors. AB-InBev would be acquiring not only the famous Miller Lite brand, but a number of brands popular in Africa, a place AB-InBev’s CEO, Carlos Brito, called “a key piece” of the deal. Brito himself, as CEO of the former InBev, oversaw the acquisition of Anheuser-Busch in 2008, creating the current superpower. There is speculation that this would not be AB-InBev’s last acquisition, given its history, but that it may turn its direction towards Coca Cola, creating a drink behemoth. However, no indication has yet arisen of that fate.

Neither is there any clear indication of how this may or if it will affect the craft brew scene, a market that only continues to grow while larger beer markets plateau

Photo via Wikimedia 


Tags: Beer
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:
 
Behind the Bar: Liana Oster of Dante

Behind the Bar: Liana Oster of Dante

For this exciting installment of Behind the Bar, we had the incredible opportunity to sit down with Liana Oster, the head bartender at Dante in New Yo...read more ›

by The Drink Nation Jan 7, 2020
Pabst Blue Ribbon Launches Blue Ribbon Whiskey in Select US Markets

Pabst Blue Ribbon Launches Blue Ribbon Whiskey in Select US Markets

PBR has launched their own whiskey. Let's keep an open mind and see what is inside this bottle....read more ›

by Carrie Dow Sep 24, 2019
The Master Sommelier Scandal is Now the Subject of a New Investigative Series

The Master Sommelier Scandal is Now the Subject of a New Investigative Series

There's a new investigative series about one of the biggest scandals to ever hit the wine world....read more ›

by The Drink Nation Sep 13, 2019
SPONSORED
Drink Nation Store Rectangle
Try These Summer Cocktails This Season in D.C.

Try These Summer Cocktails This Season in D.C.

It's officially summertime in the city, and we can't think of a better way to cool off from DC's heat and humidity than with a cold, boozy cocktail in...read more ›

by Lanna Nguyen Jul 31, 2019
Using Peas to Make Gin Might Lead to More Environmentally Friendly Spirits, Studies Show

Using Peas to Make Gin Might Lead to More Environmentally Friendly Spirits, Studies Show

Scientists may have discovered a more environmentally friendly way to make one of the world's most popular spi...read more ›

by The Drink Nation Jul 23, 2019
Drink a Classic Cocktail for a Good Cause During Negroni Week, June 24-30

Drink a Classic Cocktail for a Good Cause During Negroni Week, June 24-30

Negroni Week 2019 is June 24-30, so drink this classic cocktail for a good cause....read more ›

by The Drink Nation Jun 19, 2019
What to Do if Your Uber, Lyft, or Cab Driver Ever Strays From Your Destination or Makes You Feel in Danger

What to Do if Your Uber, Lyft, or Cab Driver Ever Strays From Your Destination or Makes You Feel in Danger

If you're taking an Uber, Lyft, or cab and feel unsafe, there are steps you can take to protect yourself....read more ›

by Nina Starner Jun 19, 2019
D.C.'s Best Wine Bars

D.C.'s Best Wine Bars

Whether you're a wino or a wine novice, DC is home to a number of wine bars perfect for casual sipping or for expanding your palate. ...read more ›

by Lanna Nguyen May 29, 2019
Behind the Bar: Kat Corbo of The Study & Winner of Speed Rack 2019

Behind the Bar: Kat Corbo of The Study & Winner of Speed Rack 2019

This time on Behind the Bar, we spoke to Kat Corbo of The Study, who recently won Speed Rack 2019....read more ›

by The Drink Nation May 15, 2019
Where to Drink Outside in D.C. During Summer 2019

Where to Drink Outside in D.C. During Summer 2019

Patio weather has arrived! Grab your friends, stake a spot at the bar and take advantage of these outdoor spots for drinking and dining. ...read more ›

by Lanna Nguyen May 14, 2019
SPONSORED
Drink Nation Home Bar Project Bottom Rectangle 2
View all Articles

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

Close