Castel Group News

World's largest brewer Anheuser-Busch InBev approaches South Africa's SABMiller for record industry acquisition

World's largest brewer Anheuser-Busch InBev approaches South Africa's SABMiller for record industry acquisition

Anheuser-Busch InBev NV said it intends to make an offer to acquire SABMiller Plc in a deal that would unite the world’s two biggest beermakers and control about half the industry’s profit.

A customer drinks beer at the St. George brewery's public pub in Ethiopia's capital Addis Ababa, March 28, 2015. REUTERS/TIKSA NEGERI

Foreign brewers battle for Ethiopia's beer drinkers

International brewers are helping transform Ethiopia’s business landscape as it slowly sells the assets of the former communist state and opens up to foreigners drawn to one of Africa’s fastest growing economies.

Siep Hiemstra, President of Heineken Africa and Middle East

Ethiopia's buoyant economy raises hopes for beer market growth: Siep Hiemstra, President, Heineken Africa & Middle East

Heineken is betting on Ethiopia’s rising incomes to fuel rapid expansion of the beer market in Africa’s second most populous country, where the group is the first of the big international brewers to build a new plant.