Anheuser-Busch InBev SA/NV

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AB InBev is a multinational drink and brewing holding company based in Belgium. It is one of the largest fast-moving consumer goods companies in the world, and is responsible for more than 25% of global volume beer sales.Sept.2018 Net sales: Latin America: 39.7%; North America: 27.6%; Europe/Middle East/Africa: 18.3%; Asia/Pacific: 13.8%; and Other: 0.6%. The group's activity is organised around two sectors:

  1. Beer production: Budweiser, Corona, Stella Artois, Beck's, Leffe, Hoegaarden, Castle, Castle Lite, Bud Light, Skol, Brahma, Quilmes, Michelob, Harbin, Sedrin brands, etc.;
  2. Alcohol-free drinks: production, bottling and sales of soft drinks, malt beverages, bottled waters and ice teas.

Corporate Political Engagement Rating:[1] Transparency International    E  

Brands

AB Inbev has ~500 beer brands in 100+ countries.ref, Brands, Investors.

Company

Anheuser-Busch InBev is controlled by Belgian families Van Damme, de Mévius and de Spoelberch,[1][2] and billionaire Brazilian investors Jorge Paulo LemannWikipedia-W.svg, Carlos Alberto SicupiraWikipedia-W.svg and Marcel Herrmann TellesWikipedia-W.svg, who hold their stake via their private investment firm 3G Capital.[3][4]

Shareholders

Total float: 38%
Source: MarketScreener.svg, Mar.2020 ♦ Shareholder Structure AB InBev. Accessed Jan.12.2019.

Corporate Grouping

  • Jorge Paulo Lemann,[5] Brazil + Switzerland, Flag-Brazil.svg Flag-Switzerland.svg. See also Jorge Paulo LemannWikipedia-W.svg, LittleSis, Kraft Heinz Company
    • Inpar VOF, general partnership (ref), ICIJ Offshore Leaks dBase, reg. Netherlands Flag-Netherlands.svg
      • Stichting Enable, reg. Netherlands Flag-Netherlands.svg
        • Inpar Investment Fund,ref reg. Netherlands Flag-Netherlands.svg
          • Santa Erika Ltd,[4] reg. Bahamas Flag-Bahamas.svg
            • 55%, S-BR Global Investments Ltd,[4] reg. Bahamas Flag-Bahamas.svg
              • 82%, BR Global Bahamas, reg. Bahamas Flag-Bahamas.svg
                • BRC Luxenburg SA (Brazilian families)[2] + EPS Participations Sàrl (Belgian families)[2], reg. Luxembourg Flag-Luxembourg.svg
                  • Stichting Anheuser-Busch InBev, investment holdco, ref, reg. Netherlands Flag-Netherlands.svg
                    • 35%, Anheuser-Busch InBev, OC, reg. Belgium Flag-Belgium.svg
                      • AB InBev Western European Holding BV, OC, reg. Netherlands Flag-Netherlands.svg
                        • AB Germany Holding, reg. Germany Flag-Germany.svg
                          • 10%, Spaten-Franziskaner-Bräu GmbH, FranziskanerWikipedia-W.svg, reg. Germany Flag-Germany.svg
Sources: Courtesy of CorpNet's OFC MeterShareholder Structure. AB InBev, Oct.11.2016.

Timelines

Anheuser-Busch InBev SA/NV

Anheuser-Busch-InBev.svg
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ToDo: ab-inbev.comArchive-org-sm.svg
  • 1366: Den Hoorn brewery was established in Leuven, Belgium.

  • Oct.2016: Anheuser-Busch InBev SA/NV: the merger between Anheuser-Busch InBev and SABMiller closed. Interbrew became a division of Anheuser-Busch InBev SA/NV after the latter acquired SABMiller in Oct.2016.[12]
  • Jan.2009: AB InBev announced that it had entered into an agreement with Asahi Breweries Ltd, whereby Asahi acquired 19.9% of Tsingtao Brewery Co. Ltd from AB InBev. The divestiture of this stake in Tsingtao was part of AB InBev’s ongoing deleveraging program, generating proceeds that will be used to repay debt.[6]
  • Nov.2008: Anheuser-Busch InBev SA/NV (AB InBev): orchestrated by 3G Capital Inc, InBev acquired American brewer § Anheuser-Busch Companies Inc (100%), and changed its name to reflect the heritage and traditions of Anheuser-Busch Companies Inc.[6]
  • Jan.2008: Cintra brands were acquired. In May.2008, the Cintra brands were sold.[6]
  • 2007: Immobrew was sold to Cofinimmo.
  • 2007: acquisition of all of the outstanding units of ‘Lakeport’, and the acquisition of 100% of Goldensand Comercio e Serviços Lda, the controlling shareholder of ‘Cintra’.[6]
  • 2004: InBev: § Interbrew International BV merged with Brazilian brewer § AmBev SA, becoming the largest brewer in the world by volume, with ~14% global market share.[6]

Interbrew SA

Prior to the merger with AmBev SA, Interbrew was the world's 3rd-largest brewing company by volume.[7]

  • 2001: Beck's & Co was acquired.[11]
  • 2001: Diebels in Germany was acquired.[10]
  • Dec.2000: the company issued an IPO.[9]
  • 2000: Bass Brewers and the Whitbread Beer Company in the UK were acquired.[8]
  • 1995: § La Brasserie Labatt Limitée (Labatt Brewing Company Ltd), based in Toronto, Canada, was acquired. The transaction included the Toronto Blue Jays baseball club and the Toronto Argonauts football club. The Sports Network's holdco, Labatt Communications Inc (formed to hold Labatt's broadcasting assets), was sold to Bell Media Inc#NetStar Communications Inc, a consortium of 4 Canadian Investors, due to Canadian media ownership regulations.[8][6][7]
  • 1987: Interbrew was formed by the merger of § Brouwerij Artois (Flemish brewers of Stella Artois, est.~1366) with § Piedboeuf Brewery, based in Walloon.[9]
ToDo: link, link, link, link, link

Anheuser-Busch Companies Inc

Acquired by InBev. headquarters in St. Louis, MO. St. Louis also became the North American headquarters for the combined company.

  • Nov.2008: Through the acquisition of Anheuser-Busch, AB InBev acquired a 35.12% direct interest in Grupo Modelo, Mexico’s largest brewer, and a 23.25% direct interest in Diblo SA de CV, Grupo Modelo’s operating subsidiary, providing AB InBev with a 50.2% interest in Modelo. AB InBev also acquired Tsingtao Brewery Company Limited, the 2nd-largest brewer in China, and producer of the Tsingtao brand. AB InBev has a 27% economic stake in Tsingtao. In Jan.2009, AB InBev announced the disposal of 19.9% of Tsingtao.[6]
  • Equity investments included a 50% direct and indirect interest in Mexico’s Grupo Modelo, owner of the global Corona brand.
  • 2008: Anheuser-Busch operated 12 breweries in the U.S., 15 in China, one in India and one in the U.K.
  • 1993: China: Anheuser-Busch first invested in China. 1995 the company began brewing in the Budweiser Wuhan International Brewery; in 2004 it acquired Harbin Brewery Group Ltd, China’s oldest brewery, and the market share leader in the Northeast region of the country; in 2005 it increased its equity interest in Tsingtao Brewery Co. to 27% with the government retaining the majority share.
  • 1896: Michelob, America’s first specialty beer, was introduced by Busch.
  • 1876: Budweiser was the brewery’s first national beer brand.
  • Through innovative marketing and new technologies - among them the introduction of pasteurization and artificial refrigeration - they transformed the local brewery into an industry leader.
  • ?date?: Anheuser-Busch: renamed when Eberhard Anheuser teamed up with his son-in-law, Adolphus Busch.
  • 1860: Anheuser & Company: the struggling Bavarian Brewery was acquired by Eberhard Anheuser, a successful soap manufacturer.
  • 1852: Bavarian Brewery was established in St Louis.

SABMiller plc

Was the world's 2nd-largest brewer measured by revenues, after Anheuser-Busch InBev; operated in 80 countries worldwide.

  • Dec.2016: Eastern Europe operations were sold to Asahi Breweries Group Holdings Ltd.[10][11]
  • Oct.2016: Grolsch Brewery, Peroni Brewery and Meantime Brewery were sold to Asahi Breweries Group Holdings Ltd.
  • Oct.2016: Snow beer: SABMiller's 49% stake in the world's largest volume beer brand, was sold to China Resources Enterprise.[12][13]
  • Oct.2016: MillerCoors beer company: SABMiller's interests were sold to Molson Coors.[7][8][9]
  • Oct.2016: § Anheuser-Busch InBev acquired SABMiller, which became a business division of Anheuser-Busch InBev SA/NV.
  • May.2015:
    Meantime-Brewing-Company-prev.svg
    Meantime Brewing Company, based in Greenwich, London, was acquired.[25] In Oct.2016, as part of the agreements made with regulators before Anheuser-Busch InBev was allowed to acquire SABMiller, Meantime Brewery was sold to Japan's Asahi Group Holdings Ltd.[10][11] meantimebrewing.com
  • Nov.2014: Coca-Cola Beverages Africa: SABMiller (57%), the Coca-Cola Company (?%) and Gutsche Family Investments (?%) agreed to combine the bottling operations of their non-alcoholic ready-to-drink beverages businesses in southern and east Africa. The new bottler serves 12 high-growth countries, accounting for ~40% of all Coca-Cola beverage volumes in Africa.[24]
  • Jul.2014: Tsogo Sun Holdings Ltd: divested its 39.6% holding in the casino and hotel group.[21]
  • Nov.2011: Impala Cervejas, the first commercially produced cassava beer, was launched in Africa. The taste is described as "somewhat bitter, somewhat tangy, not sweet".[19]
  • Sept.2011: Foster's Group Pty Ltd, an Australian beer group, was acquired by way of a hostile takeover.[16][17] The deal closed at end.2011, but excluded the Foster's lager brand in the UK and Europe, where it is owned by Heineken.[18]
  • 2008: MillerCoors: SABMiller entered into a joint venture with Molson Coors to produce beverages in the USA.
  • 2005: Bavaria SA, South America's 2nd-largest brewer and owner of the Aguila and Club Colombia brands, was acquired (majority interest).[15]
  •  ??.2002: SABMiller plc: the company changed its name.[15]
SAB plc
  • May.2002: Miller Brewing Company in North America was acquired from Philip Morris Companies Inc, creating the world's 2nd-largest beer company. Philip Morris Companies Inc retained a continuing interest in the enlarged group.
  • 1999: SAB plc, a new UK-based holding company, was formed. The company moved its primary listing to London to raise capital for acquisitions.[15]
  • early.1990s: the company increasingly expanded internationally, making several acquisitions in both emerging and developed markets.
  • 1897: Listed on the Johannesburg Stock Exchange.
ToDo: WP:SABMiller, [x www.sabmiller.com]Archive-org-sm.svg, logo 2017
South African Breweries plc
South-African-Breweries.svg
  • Mar.1999: South African Breweries plc was incorporated in the UK and listed on the London Stock Exchange, becoming the successor parent company of the South African Breweries Ltd.ref
  • 1895: South African Breweries Ltd was founded to serve a growing market of miners and prospectors in and around Johannesburg.
ToDo: press release re merger, CH-3528416, history, Company histories, WP:South African Breweries; "International Directory of Company Histories, Vol.1.", Ed: Jay P Pederson, St James Press: Chicago, Illinois, 1988, ISBN: 978-1558623934

Ambev SA

Ambev operates across ~19 countries. It offers beers, primarily under the Skol, Brahma, Antarctica, Bohemia, Original, Budweiser, Stella Artois and Corona brands; it also provides 30 beverage brands, including Guaraná Antarctica, Guaraná Antarctica Black, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Monster, Red Rock, Pepsi-Cola, and Seven Up brands.[7] ambev.com.br Prior to the merger with AmBev, AmBev was the world's 5th largest brewer. by volume.[12]

  • 2004: Brazilian brewer AmBev took over Ambev SA, creating InBev.[13]
  • Jul.1999: Companhia de Bebidas das Américas was created by the merger of two Brazilian breweries, Cervejaria Brahma and Companhia Antarctica, approved in Mar.2000 by the Brazilian Administrative Council for Economic Defense. ToDo: WP:Ambev, AboutArchive-org-sm.svg > Our StoryArchive-org-sm.svg, [logo]

La Brasserie Labatt Limitée

ToDo:

Brouwerij Artois

ToDo: WP:Stella Artois

Piedboeuf Brewery

ToDo:

References

  1. ^ Corporate Political Engagement Index 2018. The new index of 104 multi-national companies, many of whom regularly meet with govt, has found nearly 75% are failing to adequately disclose how they engage with politicians. Only one company received the highest grade, with the average grade being "E" – representing poor standards in transparency. Transparency International UK, Nov.2018.
  2. ^ a b c Stichting Anheuser-Busch InBev. The controlling shareholder of Anheuser-Busch InBev. LittleSis, Sept.18.2009.
  3. ^ a b Corporate Governance Charter. The AB InBev Reference Shareholder of the Company is Stichting Anheuser-Busch InBev, a foundation organised under the laws of the Netherlands, which represents an important part of the interests of the Belgian founding families of AB InBev (mainly represented by Eugenie Patri Sebastien SA and EPS Participations Sarl), and the interests of the Brazilian families, previously shareholders of AmBev (represented by BRC Sàrl). page 2, AB InBev, Mar.28.2017.
  4. ^ a b c Shareholders’ Voting Rights Agreement. US Securities and Exchange Commission, Aug.31.2004.
  5. ^ Jorge Paulo Lemann. Brazilian Billionaire; owns share of Anheuser Busch InBev and bought Burger King in 2010. LittleSis, 2006.
  6. ^ a b c d e AB InBev: Annual Report 2008. Anheuser-Busch InBev SA/NV, Mar.04.2009. Original archived on Aug.06.2009.
  7. ^ Building a big dream. Ambev SA. Accessed Feb.07.2021.