Brewery

Diageo Sells Off Third African Brewery in Less Than a Year: What's Next?

2 days ago

In a significant shift in its business strategy, British alcoholic beverage giant Diageo has finalized the sale of its third brewery in Africa within the span of just a few months. This latest divestment involves its interest in the Uganda Breweries, a notable player in the East African market. The decision has sparked discussions around the company's future plans and its strategic focus moving forward.

Danish Brewer Carlsberg Adjusts Profit Growth Expectations for 2025

2 months ago

In a recent financial update, Carlsberg, the renowned Danish brewery, has announced its anticipated profit growth for the year 2025 will fall below earlier projections. This revelation has stirred discussions among investors and industry analysts about the challenges facing the beverage sector.

Antitrust Investigation Launched Against AB InBev Over Beer Sales Practices in Belgium

3 months ago

In a significant development for the global beverage giant Anheuser-Busch InBev (AB InBev), Belgian authorities have initiated an antitrust investigation into the company's sales practices concerning beer distribution in the country. This investigation arises from concerns that AB InBev's contracts with retailers may be imposing unfair conditions that stifle competition in the Belgian beer market.