The collective strength of the company is around 155,000 employees and it has offices spread across 25 countries. Their total revenue in 2013 was 43.2billion …show more content…
In Bev purchased and sold off the Cintra brand in the same year. They completed the acquisition of Anheuser-Busch. The company acquired 27% economic interest in Anhueser-Busch. InBev changed its name to Anheuser-Busch InBev and started trading under a new ticker symbol ABI on the Euro next Brussels stock exchange. Anheuser-Busch became a wholly-owned subsidiary of AB InBev.
There were couple of divestments following the formation of AB InBev. They sold of the US business to an affiliate of KPS Capital. They sold of their South Korean subsidiary, Oriental Breweries. Other sales included its Central European operations, stake in Tsingtao to Asahi Breweries, Tennent’s lager brand and associated trading assets in Scotland, Northern Ireland and Ireland.
They sold of 4 lid and can manufacturing facilities in USA and also their theme park business of Busch Entertainment corporation. The money they raised from all these sales summed up to $4.46bn.
In 2011, the major acquisitions of AB InBev were Premium beers of Oklahoma in US. They formed a strategic alliances between AmBev and E.Leon Jimenes in that area and created a large beverage company in the …show more content…
They first entered China in 1994. In the next two decades, they went on to purchase stakes in more than a couple of breweries. K.K Brewery in 2001 and Chinese brewery activities of Lion group in 2004. In 2006, InBev acquired Fujian Sedrin Brewery Co., a brewer in the Fujian province of China, which allowed InBev to become a major brewer in China. In 2008, they took 100% stake in their partner InBev Shiliang which was approved by the Chinese regulatory authority. They had 20% voting interest in Tsingtao Brewery Group (Tsingtao). It was one of the largest breweries in China and owner of the Tsingtao brand. Other breweries acquired were Liaoning Dalian DaxueBrewery Co., Henan Weixue Beer Group Co (brands were Weixue and JiGongshan). In late 2012, AB InBev entered into agreements to acquire majority stakes in four breweries for $400 million. These acquisitions increased their brewing capacity in China by nine million hectolitres and were a boost for the internal growth in