Marketing & Media trends
Industry trends
BizTrends Sponsors
Trending
SABMiller acquires UK-based Meantime Brewing Co for undisclosed sum
The global brewing giant said the deal‚ whose value was not disclosed‚ would give it an entry point into the fastest-growing segment of the UK beer market.
SABMiller plans to grow sales of Meantime beers nationally and explore export opportunities in its European markets under the continued leadership of Meantime CEO Nick Miller.
Volumes of beer sales at Meantime grew 58% in 2014‚ outpacing the UK beer market's 1% growth during the same period‚ SABMiller said.
The acquisition is expected to be complete in early June.
SABMiller was up 1.11% to R675.66 in early trade‚ valuing the company at R1.13-trillion.
Source: BDpro via I-Net Bridge
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za