Carlton & United Breweries acquires Riot Wine, expands portfolio

Carlton & United Breweries acquires Riot Wine, expands portfolio

Carlton & United Breweries acquisition of Riot Wine : Anheuser-Busch InBev (AB InBev) subsidiary Carlton & United Breweries (CUB) has acquired Australian canned wine company Riot Wine for an undisclosed amount, as per the latest drinks acquisition news. Adelaide-based Riot Wine is said to be the only wine company in the country that sells wine […]

AB InBev to divest Carlton & United Breweries to Asahi for $11.3bn

AB InBev to divest Carlton & United Breweries to Asahi for $11.3bn

Belgian drinks giant Anheuser-Busch InBev (AB InBev) will sell its Australian business, Carlton & United Breweries (CUB), to Japanese drinks company Asahi Group for approximately $11.3 billion. Based in Melbourne, the portfolio of Carlton & United Breweries includes Foster’s, Victoria Bitter and Carlton. The company employs around 1500 people. As part of the sale agreement, […]