The empire of beer

Last updated on: September 29, 2016 at 7:24 pm

September 30, 2016 by Gene Veith

Right at a year ago, we posted Megabrewery–no, Gigabrewery about a proposed merger between the multinational company that makes Budweiser and the multinational company that makes Miller.

There were lots of regulatory, anti-trust, and stockholder obstacles to that deal, but they have been overcome. Anheuser-Busch InBev will take over SABMiller in a $100 billlion transaction that will create the world’s largest brewing company, accounting for one-third of the world’s beer.

But, if it’s any consolation, American anti-trust regulators required the company to spin off the operation that brews Miller products in this country. So MillerCoors will be sold to Molson Coors, making the largest American brewery.

(This may be just of interest to Milwaukee and St. Louis Lutherans.)

From Beer merger deal clears final hurdle | Local News – WISN Home:

The merger between the world’s two biggest brewers has cleared its final hurdle.

Shareholders of SABMiller Wednesday approved the takeover by Anheuser-Busch InBev, the parent company of Budweiser.

Miller said its beer fans don’t have to worry. The deal forced Anheuser-Busch to sell off the MillerCoors portion, so Miller beer won’t be owned by Budweiser, and what people drink is staying the same including its other brands like Leinenkugel’s. . . .

MillerCoors will now be part of the biggest American brewer, Molson Coors. . . .

The deal is expected to officially close Oct. 10.

Once that happens, the new company will brew about one-third of the world’s beer.

September 29, 2016

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