Ambev

Ambev S.A.
Company typeCorporation and Incorporation.
IndustryBeverage
PredecessorCompanhia Cervejaria Brahma, Companhia Antarctica Paulista
Founded1999; 25 years ago (1999)
FateMerged to form and Owner of AB InBev in 2008
Headquarters,
Area served
Brazil, Latin America, Canada[1][2]
Key people
Jean Jereissati (Chairman & CEO)
ProductsBeers and soft drinks
RevenueIncrease US$ 15.2  billion (2022)[3]
Increase US$ 2.8 billion (2022 )[3]
Number of employees
41,000+[4]
ParentAB InBev
Website[1]

Ambev, formally Companhia de Bebidas das Américas and Companhia Brasileira de Bebidas, is a Brazilian brewing company now merged into Anheuser-Busch InBev. Its name translates to "Americas' Beverage Company", hence the "Ambev" abbreviation. It was created on July 1, 1999, with the merger of two breweries, Brahma and Antarctica. The merger was approved by the board of directors of the Brazilian Administrative Council for Economic Defense (CADE) on March 30, 2000. The organization's headquarters are in São Paulo, Brazil. It is one of the largest companies by market capitalization in Brazil and in the Southern hemisphere.

  1. ^ "South American Beverage Company". Nasdaq. Retrieved 2022-04-05.
  2. ^ Cite error: The named reference ABV21 was invoked but never defined (see the help page).
  3. ^ a b "2021 FY Report". Ambev IR. February 2, 2022. Retrieved June 16, 2022.
  4. ^ "2021 Annual and ESG Report" (PDF). Ambev IR. May 4, 2022. Archived from the original (PDF) on May 21, 2022. Retrieved June 16, 2022.