Bud lightens up
Article Abstract:
Anheuser Busch is focusing on its core activity, although brewing is not showing growth. The company holds a 44% stake in the US market, which saw a small drop in sales in 1st half 1995. The company is selling Eagle Snacks, which ranks second among US snack food manufacturers. Campbell Taggart, a baker, will be spun off. The company has also announced the closure of a Tampa, Florida, brewery. The company needs to solve the problem of the decline in the US beer market.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
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Cheap beer in the regions
Article Abstract:
Morland is a United Kingdom brewer which is in a good position in the market, especially following the acquisition of Ruddles for a good price. The UK brewing market has been affected by consolidation and rationalisation of brands, and some regional brewers could be hit. Brewers with strong brands such as Morland could benefit. Ruddles has been neglected for a decade, so was acquired cheaply, and there is potential for cost savings.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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