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Anheuser-Busch InBev Posts 17% Declines in Volume and Revenue in Q2 2020

The COVID-19 pandemic cut into Anheuser-Busch InBev’s worldwide volumes and revenue during the second quarter of 2020. The world’s largest beer maker reported that its total volume in Q2 declined 17.1% — as beer volume declined 17.2% and non-beer volume declined 15.5% — while revenue declined 17.7%.

Anheuser-Busch and Peter Heimark to Trade Distribution Territories in California

The fallout of Constellation Brands’ forced sale of its distribution rights in California to the Reyes Beer Division is still being felt. Anheuser-Busch and Triangle Distributing owner Peter Heimark announced Thursday an agreement to exchange distribution rights in California, according to a joint press release shared by A-B.

Anheuser-Busch-backed Kombrewcha Looks to Gain Traction in Surging Hard Kombucha Segment

Kombrewcha CEO Garrett Bredenkamp is looking to the hard seltzer segment for inspiration as the hard kombucha brand backed by Anheuser-Busch’s ZX Ventures looks to compete in the fast-growing segment. As such, this fall, Kombrewcha will introduce two new flavors — Blood Orange and Mango Pineapple — to a 12 oz. 4-can variety pack, which also includes existing offerings Berry Hibiscus and Ginger Lemon.

Dichello Distributors Files Lawsuit Against Anheuser-Busch Alleging Conspiracy to Force Sale

New Haven, Connecticut-based Dichello Distributors is suing Anheuser-Busch, claiming A-B “engaged in an ongoing conspiracy” with Sal DiBetta, a former employee who later worked as CEO of the wholesaler between 2013 and 2016, as well as “other unnamed parties,” to “undermine” Dichello and force president John Hall’s family to sell the business to A-B, according to a complaint filed on June 17 in the Connecticut Superior Court.

Proposed Sale of Kona’s Hawaii Operations Valued at $16 Million

Craft Brew Alliance (CBA) and Anheuser-Busch InBev’s proactive attempt to remove regulatory roadblocks by reaching an agreement to sell off Kona Brewing’s operations in Hawaii will come with a $16 million price tag for prospective buyer PV Brewing Partners.

CBA to Divest of Kona Brewing’s Hawaii Operations in Effort to Clear Regulatory Hurdles for A-B Merger

Craft Brew Alliance announced today plans to divest of its Kona Brewing operations in Hawaii in an effort to gain regulatory approval for its planned merger with Anheuser-Busch InBev. Contingent upon CBA’s combination with A-B closing later this year, Kona’s operations in Hawaii would be sold to PV Brewing Partners, a partnership between former A-B president Dave Peacock and Overland Park, Kansas-based family office VantEdge Partners.