Divestments on cards in Asahi CUB buyout

Original article by Simon Evans, Tim Boyd
The Australian Financial Review – Page: 13 & 16 : 23-Jul-19

Asahi Beverages Australia’s executive chairman Peter Margin has downplayed suggestions that the acquisition of Carlton & United Breweries may force the Japanese group to sell some beer brands due to competition concerns. CUB is estimated to have a 48.8 per cent share of the Australian beer market, while the market share of Asahi’s brands is about 1.2 per cent. CUB may have increased its market share in June after it engaged in heavy price discounting and trade loading in the lead-up to the end of the financial year.

CORPORATES
ASAHI BREWERIES LIMITED, CARLTON AND UNITED BREWERIES, ASAHI BEVERAGES AUSTRALIA PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, LION PTY LTD, COOPERS BREWERY LIMITED, ANHEUSER-BUSCH INBEV SA/NV, SABMILLER PLC, FOSTER’S GROUP LIMITED, STONE AND WOOD BREWING COMPANY PTY LTD

Asahi puts $16bn on bar for CUB

Original article by Bridget Carter, Eli Greenblat
The Weekend Australian – Page: 25 & 28 : 20-Jul-19

Japan-based Asahi is set to acquire Carlton & United Breweries in a $16bn deal, subject to approval by the Foreign Investment Review Board and the Australian Competition & Consumer Commission. The deal includes beer brands such as Victoria Bitter and Carlton Draught, and is expected to be finalised in the March 2020 quarter. Asahi secured the deal after Anheuser-Busch InBev abandoned plans for an IPO of its Asian brands, including CUB. The IPO documents show that CUB had a 48.8 per cent share of the Australian market in 2018, while rival brewer Lion – which is owned by Japan’s Kirin – had a 36.4 per cent market share.

CORPORATES
CARLTON AND UNITED BREWERIES, ASAHI BREWERIES LIMITED, AUSTRALIA. FOREIGN INVESTMENT REVIEW BOARD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, ANHEUSER-BUSCH INBEV SA/NV, LION PTY LTD, KIRIN HOLDINGS COMPANY LIMITED

Little Creatures crafts a strategy for China

Original article by Eli Greenblat
The Australian – Page: 17 & 21 : 12-Jun-18

Craft beer’s share of the broader beer market is much greater in some parts of the world than others, according to Matt Tapper. The MD of global markets for brewer Lion says craft beer’s market share is generally less than one per cent in Asian markets, compared with up to 15 per cent in North America. The low adoption of craft beer by Asian consumers is prompting Lion to target markets such as China and Singapore with its Little Creatures craft beer brand, which started life in Fremantle and is currently sold in 30 overseas markets.

CORPORATES
LION PTY LTD, LITTLE CREATURES BREWING PTY LTD, DXCEL

Global beer giant snaps up minnow

Original article by Simon Evans
The Australian Financial Review – Page: 22 : 1-Dec-17

Brewing giant Anheuser-Busch InBev has acquired Adelaide-based craft beer maker Pirate Life for an undisclosed sum. Pirate Life currently produces around 3 million litres of beer at its Hindmarsh plant, but Anheuser-Busch InBev intends to provide it with $A10 million to help it build a bigger brewery, increasing its annual output to around 8 million litres. Anheuser-Busch InBev’s purchase of Pirate Life comes two months after it bought Sydney-based brewer 4 Pines.

CORPORATES
ANHEUSER-BUSCH INBEV SA/NV, PIRATE LIFE, 4 PINES BREWING COMPANY PTY LTD, CARLTON AND UNITED BREWERIES, COOPERS BREWERY LIMITED, CRAFT BEER INDUSTRY ASSOCIATION OF AUSTRALIA

Melbourne beer hops into Chinese market

Original article by Claire Heaney
Herald Sun – Page: 35 : 28-Nov-17

Shares in beer maker Broo rose 30.5 per cent on 27 November after it released details of a distribution agreement with Beijing Jihua Information Consultant. The distribution deal relates to Broo’s Premium Lager, will run for seven years, and is of exclusive nature. Broo stated it estimated the deal will result in "distribution revenue" of about $A120 million over its seven years. Broo is in the process of developing what it claims will be "the world’s greatest brewery" in the Victorian city of Ballarat.

CORPORATES
BROO LIMITED – ASX BEE, BEIJING JIHUA INFORMATION CONSULTANT, HENAN LIQUOR, ASX LIMITED – ASX ASX, MILDURA BREWERY

Small brewers generate $740m economic benefit

Original article by Simon Evans
The Australian Financial Review – Page: 13 : 4-Jul-17

The Independent Brewers Association, which represents Australia’s craft brewers, states there are now 420 such breweries in Australia. The Association claims its members employ 2,400 people, many of them in non-capital areas, and that craft breweries contribute $A740 million into the economy. However, Burleigh Brewing co-owner Peta Fielding, claims the industry’s ability to expand is being hindered by the high amount of excise tax it pays, and the industry wants it to get the same tax treatment as small wineries

CORPORATES
INDEPENDENT BREWERS ASSOCIATION, BURLEIGH BREWING COMPANY PTY LTD, ASAHI BREWERIES LIMITED, LION NATHAN AUSTRALIA LIMITED, ESSENTIAL ECONOMICS PTY LTD, AKASHA BREWING COMPANY PTY LTD, DAN MURPHY’S, MOUNTAIN GOAT BEER PTY LTD, LITTLE CREATURES BREWING PTY LTD, MALT SHOVEL BREWERY PTY LTD

Gage Roads returns to its crafty roots

Original article by Sue Mitchell
The Australian Financial Review – Page: 15 : 17-May-16

Australian-listed Gage Roads Brewing will supply private-label beers to Woolworths for at least another three years, although volumes will be reduced. Gage Roads will seek to offset this by increasing its production of craft beers. MD John Hoedemaker forecasts that these products will account for about 70 per cent of its sales by 2021, compared with 13 per cent in 2015 and 28 per cent so far in 2016.

CORPORATES
GAGE ROADS BREWING COMPANY LIMITED – ASX GRB, WOOLWORTHS LIMITED – ASX WOW, LION PTY LTD, BYRON BAY BEER COMPANY, ASAHI BREWERIES LIMITED, MOUNTAIN GOAT BEER PTY LTD

How the soggy cereal conquered a kingdom

Original article by Angus Grigg
The Australian Financial Review – Page: 1 & 6 : 29-Mar-16

Sanitarium is the latest Australian company to enjoy success in the Chinese market. The company’s Weet-Bix breakfast cereal has been exported to China for eight years, but sales momentum has gathered pace in the last 2.5 years and China has become the biggest export market for Weet-Bix. Meanwhile, Adelaide-based Coopers Brewery is benefiting from the growing demand for craft beers in China, which is now the company’s biggest market in Asia.

CORPORATES
SANITARIUM HEALTH FOOD COMPANY, COOPERS BREWERY LIMITED, 31JIU, FOSTER’S GROUP LIMITED, BLACKMORES LIMITED – ASX BKL, SEVENTH DAY ADVENTIST CHURCH, DAXUE CONSULTING, RESERVE BANK OF AUSTRALIA

Hipsters, Byron surfers boost Coopers in NSW

Original article by Simon Evans
The Australian Financial Review – Page: 3 : 22-Jan-16

Data from the Australian Bureau of Statistics shows that beer consumption has fallen to its lowest level in more than six decades. Coopers Brewery MD Tim Cooper believes that beer sales will not rebound unless the Federal Government scraps the wine equalisation tax rebate. New South Wales accounted for 24.5 per cent of Coopers’ sales in 2015, while the brewer’s home state of South Australia accounted for 24.3 per cent of sales.

CORPORATES
COOPERS BREWERY LIMITED, AUSTRALIAN BUREAU OF STATISTICS

AB Inbev eyes Foster’s IPO after merger

Original article by Bridget Carter
The Australian – Page: 17 & 18 : 30-Nov-15

Global brewer Anheuser-Busch InBev is expected to offer to sell some key beer brands in order to gain regulatory approval for its proposed $US104bn acquisition of SABMiller. Peroni and Grolsch are among the international brands that AB InBev is preparing to offload. It is also believed to be considering an IPO of SABMiller’s Australian business, Foster’s Group, as it is not regarded as a core asset.

CORPORATES
ANHEUSER-BUSCH INBEV SA/NV, SABMILLER PLC, CARLTON AND UNITED BREWERIES, FOSTER’S GROUP LIMITED, PERONI, GROLSCH, LION PTY LTD, KIRIN HOLDINGS COMPANY LIMITED, STELLA ARTOIS, GRUPO MODELO SA DE CV, MILLER BREWING COMPANY, TREASURY WINE ESTATES LIMITED – ASX TWE, CR SNOW, CHINA RESOURCES ENTERPRISE LIMITED, HEINEKEN NV, LAFARGEHOLCIM