IUF logo.

Beerworkers Archive


Post date: 09/01/2016 - 11:15

AB InBev Lauds SAB's Partnership with Castel Group

Following AB InBev`s takeover of rival SABMiller, it plans to continue developing SAB's partnership with France's Castel Group.

AB InBev, maker of Budweiser, Stella Artois and Corona, has traditionally operated fewer joint ventures and partnerships than SABMiller, which it set to acquire for nearly 79 billion pounds ($104 billion).

SABMiller and privately owned Castel have an alliance whereby SAB owns 20 percent of Castel and Castel owns 38 percent of SAB's African business, excluding South Africa.

Following AB InBev`s takeover of rival SABMiller, it plans to continue developing SAB's partnership with France's Castel Group.

AB InBev, maker of Budweiser, Stella Artois and Corona, has traditionally operated fewer joint ventures and partnerships than SABMiller, which it set to acquire for nearly 79 billion pounds ($104 billion).

SABMiller and privately owned Castel have an alliance whereby SAB owns 20 percent of Castel and Castel owns 38 percent of SAB's African business, excluding South Africa.