Heineken Acquires FIFCO Central America, Mexico Biz; ‘Strategic Alternatives’ Explored for FIFCO USA
Heineken N.V. has struck a deal to acquire Florida Ice and Farm Company S.A. (FIFCO) in Central America and Mexico, the companies announced Monday.
Heineken N.V. has struck a deal to acquire Florida Ice and Farm Company S.A. (FIFCO) in Central America and Mexico, the companies announced Monday.
Volume at craft breweries outside of the Brewers Association’s (BA) definition of small and independent declined 4% on a comparable basis, to 6.752 million barrels, in 2024, the trade group reported in the May/June edition of The New Brewer magazine.
The story of slowed import sales and the impact of Hispanic consumer shifts, is not a story unique to beer, according to the latest monthly report from Bump Williams of Bump Williams Consulting (BWC). Total bev-alc (TBA) imports have declined 0.5% year-to-date (YTD), to nearly $11 billion, in NIQ-tracked, off-premise channels (total U.S. + liquor + convenience). In the same period last year, bev-alc imports were growing 1.3%, to $11.05 billion.
President Donald Trump’s reveal of sweeping tariffs on Wednesday included a 25% tariff on all imported beer and empty aluminum cans. Those tariffs are expected to go into effect at 12:01 a.m. EDT Friday, April 4.
Non-alcoholic (NA) beer claimed a record 4.2% share of beer category grocery sales during Dry January, according to an analysis by Bump Williams Consulting chief strategy officer Dan Wandel. NA beer recorded double-digit year-over-year (YoY) increases in dollar sales (+23.5%) and volume (+20.2%) in U.S. food stores tracked by market research firm NIQ for the four-week period ending February 1.
Another Heineken executive is moving over to the Lagunitas team. The Heineken-owned, Petaluma, California-based craft brewery announced today the appointment of Peter Green as head of sales. Green will officially take over the role on March 1.
Dutch beer giant Heineken N.V. has yet to halt sales of some of its brands in Russia, despite promises made in March 2022, due to local bureaucracy “beyond its control,” Reuters reported.
With under two weeks to go until the launch of the 2023 season in Bahrain, Formula 1 global partner Heineken have announced a new worldwide partnership with Dutch, global F1 superstar Max Verstappen, ahead of what promises to be yet another exceptional racing season.
Cincinnati’s Rhinegeist Brewery will begin “a two-stage expansion” into Houston, Texas, starting in mid-August via Silver Eagle Distributors.
Lagunitas is undergoing a brand refresh to bring more of a billboard effect to retail shelves and increase brand awareness across its portfolio. Although there have been tweaks here and there to designs over the years, this marks the first global packaging redesign for the brand.
Two months after launching its Disorderly TeaHouse sparkling tea at retail, Lagunitas Brewing Company is rolling out a variety pack with a new flavor — Peach Slice — that begins shipping this week with plans to hit retail shelves in early June.
Heineken-owned Lagunitas Brewing Company has closed on the sale of its 50% stake in Santa Rosa, California-based Moonlight Brewing Company to Patrick Rue, the founder of Orange County’s The Bruery and owner of Erosion Wine Co. in St. Helena, California.
Citing shock and sadness due to Russia’s intensifying war on Ukraine, Heineken N.V said today that it will exit its business in Russia and no longer have a presence in the country. “Following the previously announced strategic review of our operations, we have concluded that Heineken’s ownership of the business in Russia is no longer… Read more »
Brewing giant Heineken N.V. has joined a growing list of global firms to halt operations in Russia following the country’s invasion of Ukraine.
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