Interbrew

Subsidiary of Anheuser-Busch InBev From Wikipedia, the free encyclopedia

Interbrew

Interbrew is subsidiary of Anheuser-Busch InBev SA/NV is based in Breda, Netherlands.[1] It has one subsidiary, Ambev S.A. of São Paulo, Brazil.[2]

Quick Facts Company type, Industry ...
Interbrew
Company typeSubsidiary
IndustryBeverage
PredecessorsBrouwerij Artois
Piedboeuf
Founded1988; 37 years ago (1988)
Headquarters,
the Netherlands
SubsidiariesAmBev
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Brands

Interbrew brands have historically included Budweiser, Stella Artois,[3][4] Boddingtons, Beck's,[3] Staropramen, Bass[4] and Leffe,[4] although many have spun off to their own companies including Bass, which is now owned by Molson Coors.

History

Summarize
Perspective

Having its roots in Leuven(Belgium), Interbrew was formed in 1987 when Brouwerij Artois, the Flemish brewers of Stella Artois (established before 1366) merged with Walloon-based brewer Piedboeuf.[5] International expansion began when Interbrew acquired the notable Canadian brand Labatt.[6] The transaction also included Labatt's assets, which included the Toronto Blue Jays baseball club, the Toronto Argonauts football club, and The Sports Network (the latter being immediately resold to NetStar Communications due to Canadian media ownership regulations).[6][7]

In 2000, Interbrew acquired Bass and Whitbread in the UK.[8] In December 2000, the company issued an IPO.[9]

In 2001, the company entered Germany with the acquisition of Diebels[10] and also acquired Beck's & Co. that year.[11]

In 2004, Interbrew merged with Brazilian brewer AmBev to form InBev, becoming the largest brewer in the world by volume, with approximately 14% global market share.[4] Before the merger with AmBev, Interbrew was the third largest in the world by volume, and AmBev was the fifth largest.[3] In 2008, InBev further merged with American brewer Anheuser-Busch to form Anheuser-Busch InBev (abbreviated AB InBev). Interbrew became a division of Anheuser-Busch InBev SA/NV after the latter acquired SABMiller in October 2016.[12]

See also

References

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