AB Inbev and Modelo Combined

We learned in 2012 that AB Inbev and Grupo Modelo combined to become a group with $47B in revenue and over 150,000 employees. The group will manage over 200 brands of beer and will own 7 of the top 10 beers worldwide. Corona will join Budweiser as a global flagship brand. Corona is the leading …

Heineken Expands Operations in Asia

Heineken NV has gained control of Tiger Beer brand after it spent €4.7 billion to purchase the shares of APB that Singapore-based conglomerate Fraser & Neave owned. Heineken now controls 95% of APB shares. Heineken says that the Asia region is “a growth market for decades to come for beer and premium beer”. Industry experts …