Anheuser-Busch InBev NV said Friday it reached an agreement to acquire Arizona’s Four Peaks Brewing Co., the sixth brewery to join the mega beer company’s craft and import brands business.
Under the AB InBev auspices, Four Peaks will continue brewing its beers, including its flagship Scottish-style ale Kilt Lifter, which makes up more than 60% of its sales. The brewery expects to sell roughly 70,000 barrels of beer in 2015.
Four Peaks would be the latest addition to AB InBev’s High End unit, which includes Goose Island Beer Co., Blue Point Brewing Co., 10 Barrel Brewing, Elysian Brewing Co. and Golden Road Brewing.
Four Peak co-founder Andy Ingram said the brewery, which opened in 1996, is excited to expand its footprint.
Terms of the deal, which is expected to close in the first quarter of 2016, weren’t disclosed.
Last month, AB InBev entered a formal agreement to buy SABMiller PLC for about $108 billion, setting in motion a complicated, yearlong process of winning regulatory approval around the world. Together, the pair sell more than 30% of the world’s beer-including brands like Budweiser, Stella Artois, Grolsch and Pilsner Urquell.
By Anne Steele
Source: Wall Street Journal
Danone has appointed Carla Hilhorst to the newly created position of senior vice president of research and innovation categories and zones, as the company looks to make science the heart of its business. Hilhorst, who brings over 30 years of experience in research and innovation, will report directly to Isabelle Esser, Danone’s chief research, innovation, quality and food safety officer.
The move, part of Pernod Ricard’s strategy to enhance its premiumisation efforts, will allow the company to focus more resources on its portfolio of premium international spirits and champagne brands that drive the growth of its business. This decision aligns with the company’s commitment to delivering sustainable value for shareholders, employees, clients and partners.
Schai – who is the current CEO of Swiss chocolate company Lindt & Sprüngli’s Australian operation – has previously worked with Aryzta from 2015-2018, where he served in roles including managing director for Asia Pacific and global strategic business lead (McDonald’s). The fast-food giant McDonald’s is one of Aryzta’s significant clients.
