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France's InVivo To Buy One Of The World's Oldest Malthouses

Malteries Soufflet, a branch of French agribusiness group InVivo, said on Monday it had signed an agreement to take over Belgian malthouse Castle Malting,...

Carlsberg Agrees To Acquire Canada's Waterloo Brewing

Carlsberg has entered into an agreement with Canada's Waterloo Brewing Ltd to acquire all its issued and outstanding common shares for approximately CAD 14...

Heineken Chief Says Drinkers Still See Beer As Affordable Luxury

Global beer consumption is holding up despite economic challenges, with employment strong and drinkers still treating higher-priced "premium" bee...

Banning Alcohol From Sale At World Cup Stadiums Could Prove Costly For FIFA

The eleventh-hour decision by Qatar authorities to ban the sale of alcohol from stadiums at this year's World Cup is unlikely to go down well with supporte...

Brazil Brewer Ambev Beats Q3 Profit Expectations On Local Market Momentum

Brazilian brewer Ambev has reported a third-quarter net profit beat thanks to positive momentum in its home market and reaffirmed an outlook of g...

AB InBev Raises 2022 Outlook As Beer Sales Accelerate

Anheuser-Busch InBev reported higher-than-expected quarterly earnings as beer sales accelerated, and also raised its 2022 outlook to the top-end of its pre...

Heineken Seeks To Offset Cost Inflation As Revenues Rise In Third Quarter

Heineken has reported a 27.5% increase in revenue in the third quarter of its financial year, as the brewer steps up its efforts to tackle increasing cost...