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Charoen Sirivadhanabhakdi, Thailand’s third wealthiest individual, has transferred his 66% stake in Thai Beverage to his five children, but retains full decision-making authority over the drinks conglomerate. In a significant move announced via the Singapore…
Remedy Drinks, a popular beverage company, has expanded its product lineup with the introduction of a new drink, Remedy Ginger Beer. Interesting Flavours and Traditional Brewing Methods Remedy Ginger Beer is offered in two unique flavours – the classic…
Anheuser-Busch InBev (AB InBev), the world’s largest brewer, reported a 7.9% increase in first-quarter operating profit, far exceeding analysts’ expectations of a 3.1% gain. The profit surge was driven primarily by improved margins, even as global beer sales…
Sydney Beer Co entered administration last Friday, Australian Securities and Investments Commission (ASIC) filings showed. The company tapped Richard Stone and Brett Stephen Lord from RSM Australia Partners as administrators. Sydney Beer Co’s website states…
Belgian craft brewery Rodenbach has made its cherry-flavoured craft beer, Fruitage, available in Australia. The beer is made from a blend of ripened and aged ale, young ale, and 7 per cent cherries, processed through “meticulous” fermentation. “The main…
Sabeco has reported a slight profit increase to VND2.3 trillion ($90.85 million) within the first half of 2024. According to its latest financial report, the beverage company reported a 6% increase in profit from the first half of 2023, earning an average of…
Asahi Group Holdings has named Amanda Sellers as the new group CEO of Asahi Beverages, the company’s Oceania business. Sellers has been the Group’s interim CEO since June, following the resignation of the previous CEO, Robert Iervasi. “The board of Asahi…
Craft beer brand Little Creatures has brought back its award-winning beer, the Bright Ale, after a seven-year break. The Bright Ale has a 4.5 per cent ABV, offering a “refreshingly clean” taste profile with a subtle malt character and a fruity and spicy hop…
Belgium is promoting its centuries of beer-making and 430 breweries with a new visitor centre in Brussels that recounts the history of Belgian production and aims to show what is unique about the country’s beer and beer culture. Belgian Beer World will open…
Beer Fans, a leading online marketplace dedicated to connecting beer enthusiasts with their favourite beer brands, is thrilled to announce its official expansion into the beer-loving market of New Zealand. The launch is scheduled for August 2023. Recognizing…
Sabeco, the brewer of Saigon Beer, saw profits plunge 32% year-on-year to VND1.2 trillion ($50.7 million) in the second quarter as rising competition pumped up its marketing expenses. Fierce competition with international brewers forced the company to spend…
Auckland craft beer brewer Epic Brewing Company has gone into liquidation. Companies Office records show the business was placed into liquidation by a special resolution of shareholders on Tuesday. Damien Grant and Adam Botterill of Waterstone Insolvency were…
Japanese beer and spirits company Asahi has unveiled a fresh look for Asahi Super Dry along with an enhanced taste inspired by the vibrancy of contemporary Japan. The reinvented Asahi Super Dry is curated to provide an improved drinking experience that will…
Sabeco has partnered with SP Group, a leading utilities group in the Asia Pacific, for the second phase of its rooftop solar energy system installation and operation. Saigon Beer-Alcohol-Beverage Corporation (Sabeco) and SP Group signed a Memorandum of…
Brewer Sabeco said its after-tax profit rose by 40% last year to VND5.5 trillion. Vietnam’s biggest brewer had net revenues of VND34.98 trillion, an increase of 32% from 2021. These are significant achievements compared to the 2021 results. The 2022 profit…
Asahi Beverages will close its Green Beacon brewery’s operations in North Brisbane in around 10 weeks. The closure follows several years of “excellent growth” for Green Beacon, according to the company, and is part of a plan to ensure the company’s growth by…
