Beer brands up for sale

​Beer brands including Peroni, Grolsch and London’s Meantime brewery are being eyed for sale as Anheuser-Busch InBev looks to gain regulatory clearance for its £71​bn​ takeover of SABMiller.
By The Newsroom
Published 3rd Dec 2015, 08:37 BST

SAB said AB InBev was mulling sales of a raft of premium brands across the UK and Europe to help ease regulatory concerns over the deal, which was formally agreed last month after protracted talks.

The brands being considered for sale include Peroni and Grolsch and their businesses in Italy, the Netherlands and the UK, as well as SAB’s Meantime craft brewery in Greenwich, London.

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AB InBev said it will start contacting potential buyers for the brands in the coming weeks, although any sale would be conditional on its takeover of SAB going through.

The move comes after AB InBev announced the sale of SABMiller’s US joint venture last month, with partner Molson Coors agreeing to buy the remaining 58​ per cent​ stake in MillerCoors for £7.9​bn​.

AB InBev is seeking to get the green light from authorities for the deal, which marks the largest takeover of a UK-based firm as well as the fourth biggest in global corporate history.

The firms are the two biggest brewers in the world and between them own a raft of some of the best known brands, bringing together SAB’s Peroni and Grolsch with AB InBev’s Budweiser, Corona and Stella Artois.

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