Aofex

Anheuser-Busch InBev SA/NV, commonly known as AB InBev, is an American-Belgium domiciled multinational drink and brewing company based in Leuven, Belgium. AB InBev has a global functional management office in New York City, and regional headquarters in São Paulo, London, St. Louis, Mexico City, Bremen, Johannesburg and others.

The company was enlarged in October 2016 when AB InBev purchased SABMiller and concluded a merger of the two entities. It was the world’s largest brewer even before the acquisition of SABMiller and is considered one of the largest fast-moving consumer goods companies in the world. The annual sales for the company in 2018 were US$54.6 billion; prior to the merger, ABInBev had realized US$45.5 billion in revenue in 2016. The company was expected to have a 28 percent market share of global volume beer sales in 2017, according to Euromonitor International.

AB InBev was formed through InBev (itself a merger between Interbrew from Belgium and AmBev from Brazil) acquiring Anheuser-Busch from the United States. In October 2015, Anheuser-Busch InBev announced a successful all-cash bid to acquire multinational competitor SABMiller for £69 billion (US$107 billion). Shareholders for both companies approved the merger on 28 September 2016. The deal closed on 10 October 2016. The new entity has approximately 500 beer brands in over 100 countries.

SABMiller ceased trading on global stock markets. The company subsequently sold the former SABMiller’s interest in MillerCoors to Molson Coors, sold many of the former SABMiller’s European brands to Asahi Breweries and sold much of its Coca-Cola bottling and distribution interests to the Coca-Cola Company.

Anheuser-Busch InBev SA/NV is a publicly listed company, with its primary listing on the Euronext Brussels. It has secondary listings on Mexico City Stock Exchange, Johannesburg Stock Exchange and New York Stock Exchange.

Click to see more