- Joined
- Jan 4, 2012
- Messages
- 3,818
It gets crazy. I worked in the beer industry for many years. Inbev is the devil. They want to consolidate all the beer in the world. Inbev already owned most of the small breweries around the globe. In 2008 Inbev purchased Anheuser-Busch solidifying them as the largest beer company in the world. Last year Inbev purchased MillerCoors (Miller and Molsen Coors merged just US operations about 5 years ago and and before that Molsen and Coors merged about 12 years ago) giving them control of almost the entire US beer market. They paid $107 billion for SABMiller! The main point of this was actually to acquire SAB Miller, the parent company of Miller. They wanted SABMiller (which stands for South African Breweries Miller) because Miller had also been consolidating breweries from around the globe. We have anti monopoly laws but much of the world does not. The US governement is at the moment forcing Inbev to divest part of their US operations and Molsen has stated that they are prepared to buy just Coors from them and it will again return to being MolsenCoors instead of MillerCoors.
After all that shakes down I believe Heineken is actually the second largest brewing company int he world. They have somehow managed to stay out of the crazy consolidation.
My point is just that while it seems as though craft beers are being bought up by the big brewers the truth is that all beer has rapidly been consolidated over the past decade or more. Inbev is behind the wheel at Miller and Budweiser so it is actually a global beer conglomerate that is buying the craft brewers. Support the little guys!!!!!
Wow! I did not realize the industry had become so consolidated. Thanks for the insider info!