Wed, 11 Nov, 2015
Wed, 28 Sep, 2016
SABMiller shareholders backed the brewer’s $100-billion-plus takeover by rival Anheuser-Busch InBev by a large majority on September 27,2016 paving the way for the third-largest merger in corporate history which will see combined group sell one in four beers globally.
Tue, 27 Sep, 2016
The collective bargaining agreement (CBA) negotiations which started last December between the IUF-affiliated KCTWU Oriental Brewery (OB) Union Chapter and the Oriental Brewery, owned by AB InBev reached an agreement. Following two warning strikes in June and July and a strike action on August 16 (http://www.beerworkers.org/blog/workers-strike-ab-inbev-factory-korea), more than the majority of union members approved the revised proposal of the company and the new CBA was signed on September 19. The agreement enabled the withdrawal of manpower restructuring planned by the employer.
Fri, 23 Sep, 2016
The IUF-affiliated Unite the Union organized a protest action at the UK headquarters of SABMiller, the owner of Carlton United Breweries, in solidarity with the unfairly dismissed 55 workers at Abbotsford plant in Australia on September 22, 2016.
Carlton United Breweries (CUB) brutally and unilaterally attacked the employment conditions of 55 loyal and highly skilled machine maintenance workers at its Melbourne brewery on June 17 by terminating a machine maintenance contract with labour hire company Quant.
Thu, 1 Sep, 2016
Following AB InBev`s takeover of rival SABMiller, it plans to continue developing SAB's partnership with France's Castel Group.
AB InBev, maker of Budweiser, Stella Artois and Corona, has traditionally operated fewer joint ventures and partnerships than SABMiller, which it set to acquire for nearly 79 billion pounds ($104 billion).
SABMiller and privately owned Castel have an alliance whereby SAB owns 20 percent of Castel and Castel owns 38 percent of SAB's African business, excluding South Africa.
Wed, 31 Aug, 2016
Heineken has acquired a brewery in Vietnam from competitor Carlsberg in order to capitalize on growth expected in the Southeast Asian beer market.
Fri, 26 Aug, 2016
AB Inbev expects thousands of job cuts after SABMiller merger deal
The world's largest brewer, AB InBev, says it expects to cut about 3 percent of its total workforce -- equivalent to thousands of jobs -- once it completes its huge merger with its closest rival, SABMiller.
The company headquartered in Leuven, Belgium, says it has about 150,000 workers while London-based SABMiller claims to have around 70,000.
Thu, 25 Aug, 2016
Cerveceria y Malteria Quilmes, part of AB InBev group, has announced that it will be investing upwards of ARS 26 billion (USD 1.75 billion) in Argentina through 2020.
Mon, 22 Aug, 2016
Carlsberg reported its first-half results, posting a 25% boost in net profits. Here, we look at the company's performance during the six-month period by region. All figures are organic, unless otherwise stated.
H1 net sales up 2%, volumes down 1%
Carlsberg said a new value management approach contributed to a positive price/mix in the region. Volumes were negatively impacted by the reduction of margin-dilutive volumes in H2 2015 in the UK and Finland in Q1 2016 in Poland.
Wed, 17 Aug, 2016
The IUF-affiliated KCTWU Oriental Brewery (OB) Union Chapter has been in collectively bargaining with the Oriental Brewery, owned by AB InBev, since December 2015. The company has shown no willingness to respond seriously to the union’s demands to recognize that OB’s success delivering continuous growth despite the global and local economic recession is in large part due to the effort of the OB workers that the union represents. On August 16, members of the KCTWU OB Union Chapter went on strike following a break down in collective bargaining.