 | |
| Company type | Subsidiary |
|---|---|
| Industry | Beverage |
| Predecessors | AmBev Interbrew |
| Founded | 2004 |
| Headquarters | , Belgium |
Area served | Worldwide |
Key people | Carlos Brito (CEO) Marcel Herrmann Telles (Chairman of the Board of Directors) |
| Products | Beer |
| Brands | Beck's Brahma Corona Leffe Stella Artois |
| Parent | AB InBev |
| Website | ab-inbev |
InBev (/ˈɪnbɛv/) was a brewing company that resulted from the merger between Belgium-based company Interbrew and Brazilian brewer AmBev which took place in 2004. It existed independently until the acquisition of Anheuser-Busch in 2008, which formed Anheuser-Busch InBev (abbreviated AB InBev). InBev had operations in over 30 countries and sales in over 130 countries.[1] In 2006, it had a market capitalization of €30.6 billion and net profit of €3.2 billion on sales of €13.3 billion.
On 13 July 2008 InBev agreed to buy Anheuser-Busch, forming a new company to be named Anheuser-Busch InBev. It was reported that Anheuser would get two seats on the combined board.[2] To obtain antitrust approval in the United States, InBev agreed to divest itself of the company that imported Labatt's beer, another InBev brand, into the United States; this transaction was completed on 13 March 2009.[3]
The all-cash agreement, for $70 per share, or almost $52 billion, created the world's largest brewer, uniting the maker of Budweiser and Michelob with the producer of Stella Artois, Bass and Brahma. The two companies would have yearly sales of more than $36.4 billion, surpassing the previous largest brewer, London-based SABMiller.[4][5]
On 10 October 2016 Anheuser-Busch InBev acquired SABMiller for £69 billion (US$107 billion). SABMiller then ceased trading on global stock markets. The new company, now Anheuser-Busch InBev SA/NV, subsequently sold SAB's MillerCoors beer company to Molson Coors and sold many of the European brands to Asahi Breweries.[6][7][8]
- ^ "Press release". Inbev.com. Archived from the original on February 7, 2009. Retrieved 2013-04-22.
- ^ Kesmodel, David; Berman, Dennis K.; Cimilluca, Dana (15 July 2008). "Anheuser, InBev Reach A Deal for $52 Billion". The Wall Street Journal. Retrieved 2016-02-04.
- ^ "Anheuser-InBev Sells Labatt's US Business". TheStreet.com. Associated Press. March 13, 2009. Retrieved 2016-02-04.
- ^ de la Merced, Michael J. (July 14, 2008). "Anheuser-Busch Agrees to Be Sold to InBev". The New York Times. Retrieved 2016-02-04.
- ^ Spain, William; Goldstein, Steve. "Anheuser-Busch accepts $52 billion InBev offer". MarketWatch.
- ^ "Anheuser-Busch InBev to Sell Former SABMiller's Central and Eastern European Business to Asahi". Bloomberg News. Bloomberg. December 21, 2016. Retrieved February 1, 2017.
- ^ Dill, Molly (10 October 2016). "Anheuser-Busch to complete acquisition of SABMiller today". BizTimes. BizTimes Media LLC. Retrieved 31 January 2017.
- ^ Nurin, Tara (October 10, 2016). "It's Final: AB InBev Closes On Deal To Buy SABMiller". Forbes. Retrieved February 1, 2017.
SABMiller ceased trading on global stock markets last week