SABMiller
Operating Status: Acquired
SABMiller brewed and distributed multinational beer and beverage brands until its acquisition by Anheuser-Busch InBev.
SABMiller brewed and distributed multinational beer and beverage brands until its acquisition by Anheuser-Busch InBev.
SABMiller combined scale in developed markets with exposure to fast-growing emerging economies, giving it access to rising beer consumption in Africa, Latin America and Asia that its global peers held to a lesser degree. Local brands led their markets in many of those countries, supported by distribution networks built over decades.
Before the acquisition the group was the world's second-largest brewer by revenue, operating in 80 countries and selling around 21 billion litres of beverages in 2009. Its South African business, founded in 1895, remained its most established market, and Coca-Cola bottling gave it a non-alcoholic platform alongside beer.
Source: en.wikipedia.org
On 10 October 2016 Anheuser-Busch InBev completed its acquisition of SABMiller, creating the world's largest brewing company and ending SABMiller's life as an independent listed group. The transaction valued SABMiller's issued and to-be-issued share capital at approximately 79 billion pounds, with shareholders receiving 45.00 pounds in cash per share alongside a partial share alternative.
Regulatory conditions shaped the combination. SABMiller's interest in the US MillerCoors venture and the global Miller brand portfolio were sold to Molson Coors for 12 billion US dollars, while Peroni, Grolsch and Meantime passed to Asahi. SABMiller's South African subsidiary continued as a separate operating company inside Anheuser-Busch InBev, and the parent's own corporate identity was retired.
SABMiller brewed, marketed and distributed beer and other beverages, running brewing and bottling operations across Africa, Asia, Europe, Latin America and North America. Its portfolio combined international brands such as Pilsner Urquell, Peroni Nastro Azzurro, Foster's, Tyskie and Miller Genuine Draft with a large roster of local leaders including Castle Lager, Castle Lite, Aguila and Club Colombia.
The group was also one of the world's largest bottlers of Coca-Cola products, with soft-drink operations in 14 markets, and it held a controlling interest in the MillerCoors joint venture in the United States. The Miller brands and the US venture passed to Molson Coors in October 2016, while Peroni, Grolsch and Meantime went to Asahi and the Snow beer stake in China was sold to China Resources Enterprise.
Source: sec.gov
Source: chicagotribune.com