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Interbrew

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Interbrew
Company typeWholly owned subsidiary of AB InBev
IndustryBeverage
PredecessorsBrouwerij Artois
Piedboeuf
Founded1988; 36 years ago (1988)
Headquarters
Breda, North Brabant
,
the Netherlands
SubsidiariesAmBev

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]

Brands

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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

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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

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References

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  1. ^ "Company Overview of Interbrew International B.V." Bloomberg Research. Bloomberg. 2016. Retrieved 5 February 2017.
  2. ^ Johnson, Steve (26 October 2016). "Johnson". Share Market Updates. Share Market Updates. Archived from the original on 6 February 2017. Retrieved 5 February 2017.
  3. ^ a b c Rossingh, Danielle (2004-03-04). "Interbrew and AmBev merge to create biggest brewer". The Daily Telegraph. ISSN 0307-1235. Retrieved 2020-06-08.
  4. ^ a b c d Tran, Mark (2004-03-03). "Interbrew moves to merge with AmBev". The Guardian. ISSN 0261-3077. Retrieved 2020-06-08.
  5. ^ Farrell, Sean (2015-10-09). "The Megabrew takeover – a tale of beers, billions and blue bloods". The Guardian. ISSN 0261-3077. Retrieved 2020-04-30.
  6. ^ a b Farnsworth, Clyde H. (1995-06-07). "INTERNATIONAL BUSINESS; Labatt Accepts $2.9 Billion Bid From Large Brewer in Belgium". The New York Times. ISSN 0362-4331. Retrieved 2020-04-30.
  7. ^ Enchin, Harvey (1995-07-24). "Labatt pours off broadcast business". Variety. Retrieved 2020-04-30.
  8. ^ Carreyrou, John; BeckStaff, Ernest (2000-06-15). "Interbrew to Buy Bass Operations, Creating the World's No. 2 Brewer". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-08-07.
  9. ^ "Belgian Interbrew's IPO Is Neither Flat, Nor Frothy". Wall Street Journal. 2000-12-04. ISSN 0099-9660. Retrieved 2020-08-07.
  10. ^ Bilefsky, Dan (2001-07-30). "Interbrew Takes 80% Stake in Diebels, Breaking Into Germany's Beer Market". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-08-07.
  11. ^ Bilefsky, Dan (2001-08-07). "Interbrew to Buy Beck's Brewer In Bid to Dominate Beer Market". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-08-07.
  12. ^ Brown, Lisa (October 11, 2016). "A-B InBev finalizes $100B billion acquisition of SABMiller, creating world's largest beer company". Chicago Tribune. Chicago. Retrieved January 29, 2017.
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