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Interbrew

From Wikipedia, the free encyclopedia
Subsidiary of Anheuser-Busch InBev
Interbrew
Interbrew's headquarters in Breda
Company typeSubsidiary
IndustryBeverage
PredecessorsBrouwerij Artois
Piedboeuf
Founded1988; 37 years ago (1988)
Headquarters,
the Netherlands
SubsidiariesAmBev

Interbrew is subsidiary ofAnheuser-Busch InBev SA/NV is based inBreda, Netherlands.[1] It has one subsidiary,Ambev S.A. ofSão Paulo, Brazil.[2]

Brands

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Interbrew brands have historically includedBudweiser,Stella Artois,[3][4]Boddingtons,Beck's,[3]Staropramen,Bass[4] andLeffe,[4] although many have spun off to their own companies including Bass, which is now owned byMolson Coors.

History

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Having its roots inLeuven(Belgium), Interbrew was formed in 1987 whenBrouwerij Artois, theFlemish brewers ofStella Artois (established before 1366) merged withWalloon-based brewerPiedboeuf.[5] International expansion began when Interbrew acquired the notable Canadian brandLabatt.[6] The transaction also included Labatt's assets, which included theToronto Blue Jays baseball club, theToronto Argonauts football club, andThe Sports Network (the latter being immediately resold toNetStar Communications due to Canadian media ownership regulations).[6][7]

In 2000, Interbrew acquired Bass and Whitbread in the UK.[8] In December 2000, the company issued anIPO.[9]

In 2001, the company entered Germany with the acquisition ofDiebels[10] and also acquired Beck's & Co. that year.[11]

In 2004, Interbrew merged with Brazilian brewerAmBev to formInBev, becoming the largest brewer in the world by volume, with approximately 14% global market share.[4] Before the merger with AmBev, Interbrew was the third largest in the world by volume, and AmBev was the fifth largest.[3] In 2008, InBev further merged with American brewerAnheuser-Busch to formAnheuser-Busch InBev (abbreviated AB InBev). Interbrew became a division of Anheuser-Busch InBev SA/NV after the latter acquiredSABMiller in October 2016.[12]

See also

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References

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  1. ^"Company Overview of Interbrew International B.V."Bloomberg Research. Bloomberg. 2016. Retrieved5 February 2017.
  2. ^Johnson, Steve (26 October 2016)."Johnson".Share Market Updates. Share Market Updates. Archived fromthe original on 6 February 2017. Retrieved5 February 2017.
  3. ^abcRossingh, Danielle (2004-03-04)."Interbrew and AmBev merge to create biggest brewer".The Daily Telegraph.ISSN 0307-1235. Retrieved2020-06-08.
  4. ^abcdTran, Mark (2004-03-03)."Interbrew moves to merge with AmBev".The Guardian.ISSN 0261-3077. Retrieved2020-06-08.
  5. ^Farrell, Sean (2015-10-09)."The Megabrew takeover – a tale of beers, billions and blue bloods".The Guardian.ISSN 0261-3077. Retrieved2020-04-30.
  6. ^abFarnsworth, Clyde H. (1995-06-07)."INTERNATIONAL BUSINESS; Labatt Accepts $2.9 Billion Bid From Large Brewer in Belgium".The New York Times.ISSN 0362-4331. Retrieved2020-04-30.
  7. ^Enchin, Harvey (1995-07-24)."Labatt pours off broadcast business".Variety. Retrieved2020-04-30.
  8. ^Carreyrou, John; BeckStaff, Ernest (2000-06-15)."Interbrew to Buy Bass Operations, Creating the World's No. 2 Brewer".Wall Street Journal.ISSN 0099-9660. Retrieved2020-08-07.
  9. ^"Belgian Interbrew's IPO Is Neither Flat, Nor Frothy".Wall Street Journal. 2000-12-04.ISSN 0099-9660. Retrieved2020-08-07.
  10. ^Bilefsky, Dan (2001-07-30)."Interbrew Takes 80% Stake in Diebels, Breaking Into Germany's Beer Market".Wall Street Journal.ISSN 0099-9660. Retrieved2020-08-07.
  11. ^Bilefsky, Dan (2001-08-07)."Interbrew to Buy Beck's Brewer In Bid to Dominate Beer Market".Wall Street Journal.ISSN 0099-9660. Retrieved2020-08-07.
  12. ^Brown, Lisa (October 11, 2016)."A-B InBev finalizes $100B billion acquisition of SABMiller, creating world's largest beer company".Chicago Tribune. Chicago. RetrievedJanuary 29, 2017.

External links

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Subsidiaries
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