AB InBev completes SAB Miller purchase

Claire Dodd

Claire Dodd

12 October 2016

Anheuser-Busch InBev has completed its £79bn purchase rival brewer SABMiller, a year after the deal was first announced.

The combined company will have operations in virtually every major beer market in the world, and an expanded portfolio that includes global, multi-country and local brands. AB InBev has said customers will benefit from a broad distribution network and strong brand-building expertise.

Carlos Brito, CEO of AB InBev, said: 'As a truly global brewer, we will be able to achieve more together than each of us could separately.

'We remain focused on delivering superior top-line growth and increasing shareholder value. Building on our strong heritage, passion for brewing and expanded brand portfolio, we are also committed to helping farmers, retailers, entrepreneurs and communities thrive.

'We are excited to work toward our dream: Bringing people together for a better world. Our ambition is to build a company to last – not just for a decade, but for the next 100 years.'

'Today marks the start of our exciting future as the first truly global brewer,' said Jason Warner, president of AB InBev UK and Ireland.

'By combining our strong heritage and passion for brewing, our business will strengthen its drive to innovate, increase choice for consumers and have a positive impact on the communities in which we live and work.

'Alongside this, we will continue to focus on driving long-term growth that benefits all of our business partners and stakeholders; focusing on our UK portfolio of market leading premium brands.'

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