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Anheuser-Busch InBev N.V.
Type Public (Euronext: ABI, NYSEBUD)
Founded 2004 (as InBev)
2008 (Changed name, Anheuser-Busch InBev)
Headquarters Leuven, Belgium
Key people Carlos Brito (CEO)
Peter Harf (Chairman of the board)
Industry Beverages
Products Beers, soft drinks
Revenue 16.10 billion (2008)[1]
Operating income €3.617 billion (2008)[1]
Profit €1.288 billion (2008)[1]
Employees Approximately 120,000 (2008)[1]
Website www.ab-inbev.com

Anheuser-Busch InBev N.V. (AB InBev) is a publicly traded company, based in Leuven, Belgium. It is the largest global brewer with nearly 25% global market share and one of the world's top five consumer products companies by EBITA.

Anheuser-Busch InBev has 14 brands that generate over 1 billion USD per year in revenue out of a portfolio of nearly 300 brands. This portfolio includes global brands Budweiser, Stella Artois and Beck's, smaller multi-country brands like Staropramen, Leffe and Hoegaarden, and regional brands such as Bud Light, Skol, Brahma, Quilmes, Labatt's Blue, Michelob, Harbin, Sedrin, Cass, Klinskoye, Sibirskaya Korona, Chernigivske, and Jupiler.

The company employs 120,000 in over 30 countries. On a pro-forma basis for 2008, the combined company would have generated revenues of 26.5 billion euro.

Contents

History

Anheuser-Busch InBev grew from the Den Hoorn brewery in Leuven, dating back to 1366, the Anheuser & Co brewery, established in 1860 in St. Louis, Missouri, USA and AmBev, created in 1999 with the merger of the two biggest Brazilian brewers, Antarctica (founded in 1882) and Brahma (founded in 1888). In 1987 the two largest breweries in Belgium merged: Artois, located in Leuven, and Piedboeuf, located in Jupille, forming Interbrew. In 2004 Interbrew and AmBev merged, creating the world's largest brewer.[2]

In 2006, InBev acquired the Fujian Sedrin brewery in China, making InBev the No. 3 brewer in China - the world's largest beer market. In 2007, Labatt acquired Lakeport in Canada, and InBev increased its shareholding in Quinsa, strengthening the company’s foothold in Argentina, Bolivia, Chile, Paraguay and Uruguay.

On 18 November 2008, the combination of InBev and Anheuser-Busch closed, creating Anheuser-Busch InBev, the leading global brewer and one of the top five consumer products companies in the world. Under the terms of the merger agreement, all shares of Anheuser-Busch will be acquired for 70 USD per share in cash, for an aggregate of 52 billion USD[3].

Interbrew

After the merger in 1987, Interbrew acquired a number of local breweries in Belgium. By 1991, a second phase of targeted external growth began outside of Belgium’s borders. The first transaction in this phase took place in Hungary, followed in 1995 by the acquisition of Labatt, in Canada, and then in 1999 by a joint venture with Sun in Russia.

In 2000, Interbrew acquired Bass and Whitbread in the U.K., and in 2001 the company established itself in Germany, with the acquisition of Diebels. This was followed by the acquisition of Beck’s & Co., the Gilde Group and Spaten. Interbrew operated as a family-owned business until December 2000. At this point it organized an Initial Public Offering, becoming a publicly owned company trading on the Euronext stock exchange (Brussels, Belgium).

In 2002, Interbrew strengthened its position in China, by acquiring stakes in the K.K. Brewery and the Zhujiang Brewery.

AmBev

AmBev is a Brazilian beverages company formed by a merger in 1999 between the Brahma and Antarctica breweries. It has a dominant position in South America and the Caribbean.[4][5][6] The subisidiary its listed in BM&F Bovespa the São Paulo stock exchange and New York Stock Exchange.

Anheuser-Busch

Anheuser-Busch is the largest brewing company in the United States in volume with a 49.2% share of beer sales[7]. It was the world's largest brewing company based on revenue, but third in brewing volume, before the proposed merger with InBev announced 13 July 2008. The division operates 12 breweries in the United States and 17 others overseas.

Anheuser-Busch's best known beers included brands such as Budweiser, the Busch (originally known as Busch Bavarian Beer) and Michelob families, and Natural Light and Ice. The company also produced a number of smaller-volume and specialty beers, nonalcoholic brews, malt liquors (King Cobra and the Hurricane family), and flavored malt beverages (e.g. the Bacardi Silver family and Tequiza).

Anheuser-Busch was also one of the largest theme park operators in the United States with ten parks throughout the United States. In October 2009, Anheuser-Busch InBev announced the sale of its Busch Entertainment theme park division to The Blackstone Group for $2.7 billion. The company had been investigating a sale of Busch Entertainment since the merger with Inbev.[8][9]

InBev

InBev was the second largest brewery company in the world.[10] While its core business is beer, the company also had a strong presence in the soft drink market in Latin America. It employed about 86,000 people and was headquartered in Leuven, Belgium, where Anheuser-Busch InBev will now be based.

Before the merger with AmBev, Interbrew was the third largest brewing company in the world by volume, Anheuser-Busch was the largest, followed by SABMiller in second place. Heineken International was in fourth place and AmBev was the world's fifth largest brewer.

InBev employed close to 89 000 people, running operations in over 30 countries across the Americas, Europe and Asia Pacific. In 2007, InBev realized 14.4 billion euro of revenue.

Brands

Anheuser-Busch InBev's brand portfolio includes highly popular beer and soft drinks brands. The company classifies three most famous and important beers as global brands:

Other brands include:

It owns distribution rights to the Bacardi and Monster Energy brands [3].

Non-subsidiary holdings

Anheuser-Busch InBev owns a 50 percent share in Grupo Modelo, Mexico's leading brewer and owner of the global Corona brand.

References

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