Anheuser-Busch InBev NV expects to cut about 3 percent of its enlarged workforce in the three years after its takeover of SABMiller Plc as it seeks to maximize savings from the combination of the world’s largest brewers. The reductions will be implemented gradually and in phases, the companies said in documents related to the acquisition published Friday. About 5,500 positions are likely to be eliminated. (Bloomberg)
Heineken is launching its first new product in 20 years in a $6 million bid to combat flagging sales in the face of stiff competition from premium craft beer rivals. The Dutch beer brand, which operates and brews in Australia under a joint venture with food and drinks giant Lion, is this month launching Heineken 3, a premium mid-strength beer with lower calories and carbs. (news.com.au)
Mexico may double its groundbreaking sugar tax on fizzy beverages in a move that is likely to alarm industry groups in the U.K. and other countries where the prospect of a similar levy has provoked an outcry. Mexico shook the global soft drinks industry three years ago when it placed a 10% surcharge on sugary beverages in an attempt to combat an epidemic of obesity and diabetes. But today Mexican health advocates and a group of senators are lobbying for the tax to be doubled after fizzy drink sales largely recovered following an initial drop. (Business Day)
Coca-Cola Amatil Ltd., which manufactures and distributes Coke products in Australia, said its net profit rose 7.8% in the first six months of 2016, reflecting solid growth in its Indonesia division despite weakness in Australia. The result comes as the company, like other beverage makers globally, grapples with shifting consumer preferences away from sugary, carbonated soft drinks in favor of healthier options like bottled water. (Nasdaq.com)
Nestlé Waters North America and its disaster relief partners, AmeriCares, Feeding America and Gleaning For the World, are delivering more than 475,000 bottles of water to Baton Rouge, Louisiana, where a catastrophic flood has displaced thousands of people. Twenty-two truckloads, carrying 21,600 bottles each of Ozarka spring water, are being dispatched to disaster relief sites and food banks.
The American Homebrewers Association (AHA) has released Brew Guru, a mobile app the group is hailing as the “Pokémon Go for catching great beer deals.” The new free mobile app delivers brewing knowledge, money-saving deals and local information on breweries, bars and homebrew supply shops.