Anheuser-Busch InBev

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Anheuser-Busch InBev NV

logo
legal form Naamloze vennootschap
(joint stock company)
ISIN BE0974293251
founding November 18, 2008
Seat Brussels , BelgiumBelgiumBelgium 
management Carlos Brito
( CEO )
Martin J. Barrington
( Chairman )
Number of employees 170,000 (2019)
sales 52.33 billion US dollars (2019)
Branch Brewery , beverage industry
Website www.ab-inbev.com

The Belgian-Brazilian Anheuser-Busch InBev group (AB InBev) is - in terms of sales volume - the largest brewery group in the world. It has its legal seat in Brussels and operational headquarters in Leuven and New York City and was created in 2008 through the takeover of Anheuser-Busch by the InBev Group. The company is listed on the Brussels Euronext stock exchange and is part of the EURO STOXX 50 and BEL20 . It employs over 170,000 people and is represented in over 150 countries with 630 brands, brewed in 260 breweries. Global beer production in 2019 was 561 million hectoliters.

In Germany, Austria and Switzerland together, the production volume in 2015 totaled 7.9 million hectoliters, which corresponds to a market share of 8.6 percent in terms of volume.

In 2019, the group sold a total of 561.4 million hectoliters of beer. With sales of $ 52.3 billion and a profit of $ 9.2 billion.

Economic development

Many jobs were cut in the United States after InBev took over Anheuser-Busch . Sold in late 2009, Anheuser-Busch InBev its eastern European business to the private equity -Gesellschaft CVC Capital Partners for about 3 billion US dollars , however, retained the right to the brand Staropramen in several countries to brew and distribute. AB Inbev has continued to grow through acquisitions. The international part (excluding the USA) of the Mexican Grupo Modelo with the world-famous Corona brand was taken over in June 2013.

In April 2014 AB Inbev took over the leading South Korean supplier Oriental Brewery for a total of 5.8 billion dollars , which has a market share of 60 percent there. The dividend per share increased from $ 0.35 for fiscal 2008 to $ 3.00 for 2014. Warren Buffett praises the company's management for its efficiency . In September 2015, Anheuser-Busch informed InBev that they were interested in buying SABMiller . The acquisition of SABMiller for 96 billion euros was officially announced on October 13, 2015. The merger was completed in October 2016.

The Gilde Brewery in Hanover , acquired in 2008 with the takeover of InBev, was sold on to TCB Beteiligungsgesellschaft at the beginning of 2016 .

Despite the ongoing takeover of SABMiller, AB-InBev acquired additional breweries in 2015 and 2016. In December 2015, Camden Town Brewery in London and Breckenridge Brewery in Colorado were taken over. The Devils Backbone Brewing Company, based in Nelson County, and Birra del Borgo in Borgorose, Italy, followed in April 2016 . In September 2016, the Belgian brewery Bosteels was taken over .

Karbach Brewing Co. from Houston was taken over at the beginning of November 2016 . In December 2016, The Coca-Cola Company acquired AB InBev's majority stake in Coca-Cola Beverages Africa for $ 3.15 billion .

In March 2018, AB-InBev and the Turkish Efes Group merged their Russia and Ukraine business. Both companies hold 50 percent of the new company AB-InBev-Efes.

As a result of the largely leveraged large acquisitions, AB Inbev accumulated debt totaling USD 96 billion at the end of 2019 and had USD 128 billion in goodwill on its books. As a result, the company's balance sheet has deteriorated. At the same time, sales difficulties arose in emerging countries and a stagnating beer market in the USA. Management announced that it would reduce net debt to below four times operating profit ( EBITDA ) by the end of 2020 . To achieve this, u. a. the dividend for 2018 reduced by half. In 2019, the sale of the Australian subsidiary Carlton & United Breweries to Asahi was announced. The sale is scheduled to take place in early 2020.

Cartel participation

Regional subsidiaries of Anheuser-Busch InBev were involved in both a beer cartel regarding unauthorized price fixing for beer in the Netherlands between 1996 and 1999 and a beer cartel in Germany between 2006 and 2008. Anheuser-Busch InBev acted as a key witness before the cartel offices in both cases and therefore went unpunished.

subsidiary company

Most of the beer brands are owned by local subsidiaries.

Anheuser-Busch Packaging Group

Unlike most of its competitors, Anheuser-Busch never sold the packaging division. The Metal Container Corp. who have favourited Longhorn Glass Corp. and Eagle Packaging, Inc. produce the majority of the beer cans and bottles required by Anheuser-Busch .

Locations

Brands

The company's website distinguishes between global brands, international brands and local leading brands.

Global brands

International brands

Local brands (selection)

Belgian brands

German brands

South American brands

Other brands

Controversy

In October 2015, the US Department of Justice investigated the company for taking over beer suppliers and preventing these suppliers from selling competing beers.

In May 2017, the company was criticized for reportedly anticompetitive behavior in purchasing all of South African hops ( SAB Hop Farms ) as part of the SABMiller acquisition, thereby making hops available to all U.S. Craft beer brewers blocked. Similar anti-competitive allegations were made in the acquisition of Northern Brewer (Roseville, Minnesota), the largest provider of equipment for home and hobby breweries in the United States, through the company's own venture capital division, ZX Ventures.

The following month, the company was criticized for buying shares in the beer rating site RateBeer because of conflicts of interest .

In July 2017, the company terminated the lease with the Munich pizzeria "Casa mia" after politician Ernst Dill tried in vain to get the owner to ban Pegida fans among his guests. In the previous year, Anheuser-Busch InBev contractually obliged the owner of Casa mia to intervene in all political activities. However, a company spokesman said the termination of the lease was announced, timely and not politically motivated.

See also

Portal: Beer  - Overview of Wikipedia content on the subject of beer

Web links

Commons : Anheuser-Busch InBev  - Collection of images

Individual evidence

  1. ↑ Annual Report 2009. In: sec.gov. Retrieved February 14, 2015 .
  2. ↑ a b c d e Annual Report 2019. AB Inbev, accessed April 6, 2020
  3. ↑ Anheuser-Busch InBev. In: ab-inbev.com. Retrieved February 14, 2015 .
  4. ↑ On top of that: InBev swallows Anheuser. In: n-tv.de. November 19, 2012, accessed February 14, 2015 .
  5. ↑ Market shares 2015 ( Memento from August 9, 2016 in the Internet Archive )
  6. ↑ John W. Miller: Big Beer Gets Belgian Emotion Flowing. In: online.wsj.com. February 23, 2010, accessed February 14, 2015 .
  7. ↑ Anheuser-Busch InBev sells Eastern European activities to CVC. In: finanzen.net. October 15, 2009, accessed February 14, 2015 .
  8. ↑ a b AB InBev: Anheuser-Busch InBev 2014 Financial Report. (PDF) Retrieved May 20, 2015 .
  9. ^ Börse am Sonntag: Anheuser-Busch InBev in seventh beer heaven. In: handelsblatt .com. March 18, 2014, accessed February 14, 2015 .
  10. ↑ Our Key Figures. (No longer available online.) In: ab-inbev.com. Archived from the original on March 18, 2015 ; accessed on May 20, 2015 .
  11. ↑ Alexander Busch: The suffering of one friend of the other. In: Neue Zürcher Zeitung , June 17, 2014, p. 39
  12. ↑ Possible takeover of billions on the beer market. In: orf.at , September 16, 2015, accessed September 16, 2015.
  13. ↑ InBev takes over SABMiller: Brewery buys brewery for almost 100 billion euros. Spiegel Online, October 13, 2015, accessed October 13, 2015 .
  14. ↑ Billion merger of the beer companies. FAZ Online, October 13, 2015, accessed on October 13, 2015 .
  15. ^ Anheuser-Busch InBev Announces Completion of Combination with SABMiller. In: ab-inbev.com , accessed November 13, 2016
  16. ↑ Gilde traditional brewery in Hanover is sold. In: haz.de , accessed on January 20, 2016
  17. ^ Camden Town Brewery sold to world's biggest drinks company. In: theguardian.com , accessed September 10, 2016
  18. ^ Anheuser-Busch purchases Breckenridge Brewery. In: beerstreetjournal.com , accessed on September 10, 2016
  19. ^ Anheuser Busch acquires Devils Backbone Brewing Company. In: beerstreetjournal.com , accessed on September 10, 2016
  20. ^ Anheuser Busch acquires Italy's Birra del Borgo. In: beerstreetjournal.com , accessed on September 10, 2016
  21. ^ AB InBev acquires Kwak and Karmeliet. In: retaildetail.eu , accessed on September 10, 2016
  22. ^ Karbach to be acquired by Anheuser-BuschInBev. In: chron.com , accessed November 22, 2016
  23. ^ Coke and AB InBev Reach Agreement Regarding Coca-Cola Beverages Africa. The Coca-Cola Company, December 21, 2016
  24. ↑ AB InBev, Efes breweries complete merger of Their assets in Russia and Ukraine , on www.tass.com , accessed on April 1 2018
  25. ↑ Crimea Delko: High debts are always dangerous. NZZ, January 29, 2019, accessed on January 30, 2019
  26. ↑ Press Release FY2018. AB Inbev, accessed March 10, 2019
  27. ↑ AB InBev to sell Australian unit to Asahi in $ 11bn deal , at www.ft.com , accessed July 20, 2019
  28. ↑ Agreed price increase: Beer cartel has to pay a fine of millions. In: Spiegel Online . April 18, 2007, accessed February 14, 2015 .
  29. ↑ Price fixing: Cartel Office imposes a fine of millions on breweries. In: Spiegel Online . January 13, 2014, accessed February 14, 2015 .
  30. ^ Jeremiah McWilliams: What is the future of Anheuser-Busch's packaging division? In: St. Louis Post-Dispatch . May 27, 2009 ( stltoday.com ).
  31. ↑ Anheuser-Busch Packaging Group (ABPG) ( Memento of the original from October 24, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. @1@ 2Template: Webachiv / IABot / anheuser-busch.com
  32. ↑ Trademark list ( Memento of the original from February 14, 2015 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. As of March 2014 @1@ 2Template: Webachiv / IABot / www.ab-inbev.com
  33. ↑ Exclusive: US probes allegations AB InBev seeking to curb craft beer distribution. In: reuters.com. October 12, 2015, accessed July 18, 2017 .
  34. ↑ Jason Notte: Anheuser-Busch InBev shuts out craft beer brewers by hoarding hops. In: marketwatch.com. Retrieved May 12, 2017, May 4, 2020 (American English).
  35. ↑ Smaller Brewers relied on RateBeer.com. Now Bud's Maker Owns a Stake. In: The New York Times. June 18, 2017. Retrieved July 18, 2017 .
  36. ↑ Christine Ulrich: Pegida-Verdruss: The brewery terminates the lease for "Casa mia". In: tz . July 15, 2017. Retrieved July 18, 2017 .
  37. ↑ Marian Meidel: Trouble about Pegida: Regulars fight for the "Casa Mia". In: tz . July 18, 2017. Retrieved July 19, 2017 .

Coordinates: 50 ° 53 '8 "  N , 4 ° 42' 28"  E