Sector News

AB InBev subsidiary CUB invests $8.1m in Tasmania brewery

February 27, 2018
Food & Drink

Anheuser-Busch InBev’s Australian subsidiary Carlton & United Breweries (CUB) has announced that it will invest AUD 10.3 million ($8.1 million) to upgrade the Tasmanian brewery of its Cascade brand.

CUB claims that the investment will help to establish the site as CUB’s craft brewing hub for the entire Asia Pacific region.

Production capacity at the facility will increase approximately 65% as a result of the investment, and will allow Cascade to produce new ‘experimental’ beers for the Australian and Asia Pacific markets.

Jan Craps, CEO of CUB and zone president of the Asia Pacific South region for AB InBev said: “We are thrilled that Cascade will become CUB’s craft brewing hub for the Asia Pacific region.

“It is testimony to our long-term confidence in Cascade, Hobart and Tasmania.

“We love Tasmania’s vibrancy and confidence and its world-renowned reputation for clean food and drink. We’re also backing our team of experienced brewers at Cascade to take us to the next level.

“We’re going to build on a heritage that commenced when Cascade first brewed for Tasmanians in 1832.”

CUB has also announced that Anita Holdsworth – who is currently a ‎senior brewing and quality manager at AB InBev – has been appointed as the Cascade site’s new brewery manager.

Holdsworth added: “I can’t wait to start on this exciting transformation of Cascade. We’re going to do great things building on Cascade’s heritage.

“I’m excited to have the opportunity to build more partnerships with local Tasmanian companies and connect with local communities. This starts with using even more great, fresh Tasmanian ingredients in our beers and ciders. ”

Source: FoodBev

comments closed

Related News

June 24, 2022

Carlsberg announces resignation of CFO Heine Dalsgaard

Food & Drink

Carlsberg has announced the departure of its chief financial officer (CFO), Heine Dalsgaard, after six years in the position. In a statement, Carlsberg said that Dalsgaard was resigning from the post to take up the role of CFO at a private equity-backed company in a different industry.

June 24, 2022

Kellogg to split into three companies, focus on snacks

Food & Drink

Kellogg will split into three independent companies to focus on the snack business, Reuters reported Tuesday. The snacking portfolio will comprise the main business, while the North America cereal unit and the plant-based business will be spun off. The company is also considering a sale of the plant-based business.

June 24, 2022

Mondelēz to buy energy bar company Clif Bar for $2.9bn

Food & Drink

The snacks giant says the acquisition will help build on its commitment to “lead the future of snacking” in key geographies worldwide. Once the transaction is completed, Mondelēz will continue to operate the Clif Bar business from its headquarters in Emeryville, California. The snack giant will also continue to manufacture Clif Bars’ products, which include Clif Bar, Luna and Clif Kid, at its facilities in Idaho and Indiana.