In Vietnam, with the approval of the Ministry of Industry and Trade and AB InBev Asia B.V. (the Netherlands) who is the concurrent owner and sole investor of both AB InBev Vietnam and SAB Beer Vietnam, the merger of the two companies has come into effect. From January 2021, SAB Beer Vietnam ceases its existence and AB InBev Vietnam will inherit all legal rights and benefits as well as take full responsibility for the contracts and property obligations of SAB Beer Vietnam. … [Read more...] about Domestic chapters of SAB Beer and AB InBev merge to enhance competitiveness
Ab inbev q3 2018
SAB Beer merged into AB InBev Vietnam
Truong Van Toan, legal and corporate affairs director for Business Unit Southeast Asia - Anheuser-Busch InBev, says, “this is truly a memorable mark for all employees when SAB Beer merges with AB InBev Vietnam to become one and only company which is Anheuser-Busch InBev Vietnam. The new company will obtain the scale, facilities and resources to operate with higher productivity and improve competitiveness and quality in the Vietnamese market.” … [Read more...] about SAB Beer merged into AB InBev Vietnam
AB Inbev merges with Vietnam’s SAB beer: state media
“The merged company will have the capacity and resources to operate with higher productivity and improve both competitiveness and quality in the Vietnamese market,” VNA reported, citing Truong Van Toan, AB Inbev Legal and Corporate Affairs Director in Southeast Asia. … [Read more...] about AB Inbev merges with Vietnam’s SAB beer: state media
Vietnam green-lights Anheuser-Busch InBev-SAB Beer merger
In 2016 the two breweries had made what was described in the media as the deal of the century, with the merged entity, Anheuser-Busch InBev, becoming the largest beer producer in the world and owner of eight of the 10 top global beer brands. … [Read more...] about Vietnam green-lights Anheuser-Busch InBev-SAB Beer merger
Brewery merger to go ahead
HCM City (VNS/VNA) - Anheuser-Busch InBev and SAB Beer announced their merger in Vietnam on January 12 following the approval of the Ministry of Industry and Trade. In 2016 the two breweries had made what was described in the media as the deal of the century, with the merged entity, Anheuser-Busch InBev, becoming the largest beer producer in the world and owner of eight of the 10 top global beer brands. All SAB employees will become Anheuser-Busch InBev Vietnam employees with their labour contracts intact, the companies said. SAB’s brewery in VSIP Binh Duong will produce Budweiser and Beck's while Anheuser-Busch InBev’s My Phuoc Brewery will continue to brew Hoegaarden beer and some others to export to Japan and Southeast Asia. AB InBev believes this merger in Vietnam would enable it to increase capacity, simplify resources in the supply chain, logistics and most importantly, market expansion./. … [Read more...] about Brewery merger to go ahead