The company Milotur SA, owned by Heineken Holding, presented in late May a restructuring plan in the distribution sector which lays off 46 workers. According to the transnational this measure was taken because the current distribution system is inefficient. However the company failed to provide any documentation proving this claim.

Image: 

It has been almost two years since the start of negotiations for a new collective agreement between the IUF-affiliated Union of Beverage Industry (STIBYS) and Honduran Brewery S.A., owned by SABMiller, recently acquired by AB InBev. The whole process has been marked by the dilatory and uncompromising attitude of the British-South African transnational.

In August last year, STIBYS decided to terminate the direct settlement stage and requested mediation. During this stage 30 clauses of a total of 45 were agreed. Three of the most sensitive clauses were already past the stage of conciliation agreement.

"The remaining clauses are the most delicate issues for workers' rights. The most important is the outsourcing, "said Carlos H. Reyes, President of STIBYS.

Anheuser-Busch InBev's executive committee will retain only one SABMiller employee as it prepares a clear-out of the takeover target's staff and global offices.

In a new-look leadership team unveiled today, current CEO of SAB South Africa Mauricio Leyva is the sole SABMiller representative on an 18-strong board. Leyva will become zone president for Middle Americas at AB InBev.

AB InBev has announced that the new group, created by the combination of AB InBev and SABMiller, will be based in Belgium. Meanwhile, other details of the combined group – such as top jobs and organizational structure – have been announced.

Read more here: http://www.beveragedaily.com/Manufacturers/Belgium-headquarters-for-comb...

Molson Coors reported a dip in second-quarter net profits, blaming charges in connection with its MillerCoors acquisition as well as prohibition in parts of India and planned brewery closures.

Take a closer look at the brewer's Q2 performance by region:

US (MillerCoors)

MillerCoors blamed shipment timings for a weak Q2 that dragged down the first-half, but praised its light beer performance. Net profits slipped 3% to US$764.8m in the six months to the end of June, the company said. Net sales were down 1% to $3.94bn while operating profits fell 4% to $772.2m.

Half-year net profits lift 6.8% to US$331m
Net sales in six months to end of June down 3.7% to $1.64bn
H1 operating profits up 16% to $511m
Q2 net profits slide 24.8% to $172.3m
Net sales in three months to end of June fall 2% to $986.2m
Operating profits in Q2 dip 14.8% to $267.8m

Molson Coors has reported a dip in second-quarter net profits, blaming charges in connection with its MillerCoors acquisition as well as prohibition in parts of India and planned brewery closures.

Heineken reported a rise in H1 sales and volumes. Takes a closer look at the group's performance by region and brand:

After a strong first quarter, boosted by Easter timing and a strong Vietnamese and Chinese New Year, overall volume growth in the second quarter was more subdued. In Africa Middle East & Eastern Europe following growth in the first three months of the year, volumes declined in the second quarter, due to tougher comparatives and a challenging economic backdrop.

On 29 July, Anheuser-Busch InBev's intended acquisition of SABMiller overcame two major hurdles - clearance from the Chinese authorities and confirmation that SABMiller's board would recommend the new offer of GBP45 per share.

Completion of the deal is still subject to conditions - including the approval of both SABMiller and AB InBev's shareholders. But the path to MegaBrew is much clearer and the companies have set out a timetable to outline what happens between now and the intended completion of the deal - set for 10 October:

2 August: Publication of merger terms

The board of brewer SABMiller will recommend its shareholders approve a sweetened takeover offer by Anheuser-Busch InBev, the company said on Friday, capping a week of high drama about the fate of the consumer industry's biggest-ever merger.

The deal, worth 79 billion pounds ($104.9 billion), remains to be voted on by shareholders - a hurdle that could become harder to clear since the board intends to request that shareholders be divided into two classes, with each needing to approve the terms.

SABMiller has been informed by Anheuser-Busch InBev SA/NV ("AB InBev") that China's Ministry of Commerce has given conditional approval of the recommended combination with SABMiller.

To achieve the Ministry of Commerce's conditional approval and consistent with AB InBev's approach to proactively addressing potential regulatory concerns, AB InBev agreed to sell SABMiller's 49% stake in China Resources Snow Breweries Ltd. ("CR Snow") to China Resources Beer (Holdings) Co. Ltd, which currently owns 51% of CR Snow.