COPENHAGEN, Denmark— In a move to bolster its position in Greece, Carlsberg says its local brewer will merge with Greek beer-maker Olympic Brewery and hold a 51- percent share in the new company. Carlsberg, a Danish company, said Tuesday that the two breweries combined would hold a market share of about 29 percent in Greece. Carlsberg CEO Joergen Buhl Rasmussen...» Read More
Fears that Russia's economic downturn will ravage European multinationals may have been overstated in some cases, with companies that sell beer and soap defying expectations.
Discussing the breakdown of the craft beer business, and consolidation among the brewer and distributor levels, with Bob Pease, Craft Brewers Association CEO.
Insight to the state by state issue regarding craft beer distribution, with Bob Pease, Craft Brewers Association CEO.
*U.S. weaker, Brazil stagnant, limited cost savings in Mexico. BRUSSELS, Oct 31- Anheuser-Busch InBev, the world's largest beer maker, increased earnings by less than expected in the third quarter as U.S. consumers drank less, Brazil fell into recession and Mexican cost savings dropped sharply. The maker of Budweiser, Stella Artois and Corona has coped with past...
Drink up: Cocktail and spirit pairings worth a raid of your kids' Halloween candy stash.
Graeme McDowell, professional golfer, discusses his new venture of brewing a series of craft beers.
Guinness plans to offer a series of limited-edition, luxury beers. Would you pay $35 for a bottle?
"Beer has to have water," says the manager of one brewery, who noted that a typical can of beer is 92 percent water.
CNBC's Jane Wells takes a look at how the drought in California is impacting the beer business.
*Company cites poor summer weather in China. LONDON, Oct 14- Poor summer weather in China hit SABMiller's lager sales in the second quarter, though higher prices and a jump in soft drink sales helped boost revenues at the world's second biggest beer maker. Soft drinks account for 20 percent of SABMiller's sales volumes, but are far less profitable than beer.
Eddy Hargreaves, analyst at Canaccord Genuity, says that if AB InBev bought SABMiller, the company would own 35 percent of the global beer market "forever".
CNBC's David Faber says reports that Anheuser-Busch InBev is putting together financing to purchase SABMiller are not true. Faber says today SAB shares are up sharply, but there are not any talks taking place between the two companies.
*Company rejects advances of bigger rival SABMiller. Begun in 1864 by Gerard Adriaan Heineken with the purchase of a brewery in Amsterdam, the company now has more than 165 plants in over 70 countries and is the world's third-largest beer maker- yet his great-granddaughter Charlene de Carvalho-Heineken is still wedded to the firm.
Craft distillers are taking advantage of Americans' obsession with pumpkin spice everything—with results that could rival the pumpkin spice latte.
AMSTERDAM/ BRUSSELS, Sept 1- Dutch brewer Heineken has agreed to sell its Mexican packaging business Empaque to Crown for $1.23 billion including debt, shedding a non-core business it acquired when entering the Mexican market in 2010..
Cocktail mixers are going high end. When to buy, and how to make the most of syrups and shrubs at home.
New small-batch syrups and mixers make it easier for consumers to craft cocktails at home.
Austin Beerworks is rolling out a seven-foot-long box of brews containing 99 beers filled with the company's "Peacemaker" blonde ale, reports "Squawk Box's" Joe Kernen.
Can energy-efficient distilling produce a better vodka? One Brooklyn distillery is giving it a try.
Mixologists opened nearly 11,000 bottles at this year's Tales of the Cocktail convention. What you'll want to drink this year.