• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Advertise
  • About Craft Brewing Business

Craft Brewing Business

Professional Insight, Unfiltered

  • News
  • Business & Marketing
  • Ingredients & Supplies
  • Packaging & Distribution
  • Equipment
  • Webinars & White Papers
  • COVID-19

Anheuser-Busch InBev completes acquisition of Oriental Brewery

April 10, 2014Chris Crowell

AB InBev bird and logo
Uh oh. The eagle’s got that look in its eye again. Must be acquisition time.

Anheuser-Busch InBev, KKR and Affinity Equity Partners announced that AB InBev has successfully completed the acquisition of Oriental Brewery (OB), the leading brewer in South Korea.

The acquisition returns OB to the AB InBev portfolio after AB InBev sold the company in July 2009. OB is now the largest brewer in South Korea, which AB InBev believes is an attractive beer market with a strong domestic growth outlook. Additionally, the brewery’s Cass has become the number one beer brand in the country.

Carlos Brito, chief executive officer of Anheuser-Busch InBev, said, “We are excited to welcome the Oriental Brewery team back to the AB InBev family. We look forward to re-integrating OB into our global platform, as we endeavor to strengthen our position in the Asia Pacific region and continue growing our brands and providing additional consumer choice in South Korea.”

Joseph Y. Bae, managing partner of KKR Asia and Kok Yew Tang, Chairman and Managing Partner of Affinity, said, “We are proud to have partnered with the Oriental Brewery team by supporting the company’s growth in bringing investment and value-add beyond capital to the partnership. We wish everyone at Oriental Brewery and AB InBev much continued success.”

Once OB has been fully re-integrated into AB InBev, the company expects to drive premium growth by maximizing the combined portfolios of leading beer brands and to achieve improved efficiencies through best-practice sharing. AB InBev also plans to leverage its global platform to export OB brands more widely.

 AB InBev drew on existing liquidity to fund the acquisition.

CBA investor analysis
Analyst: Craft Brew Alliance purchase shows Anheuser-Busch InBev’s patience, how much craft beer has slowed in three years
AB InBev logo
Anheuser-Busch changes its mind, purchases full stake in Craft Brew Alliance
karbach-brewing
Anheuser-Busch looks to Texas for latest craft beer acquisition
AB-InBev opposes craft brewery name
How are the ‘craft beers’ of Anheuser-Busch doing?

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Latest News

  • Resplendent Oregon hop farm has ultimate beer garden (TopWire Hop Project) reopening April 30 (enjoy some images)
  • This Get Your Drink On app gifts beer money to a phone’s digital wallet, so please send me some
  • New Yuengling limited-edition desert camo Lager cans honor vets and allow drinkers to engage with a Snapchat Yuengling eagle
  • Arryved debuts OpenTab to change the on-premise POS game

Sign up for our newsletter

unsubscribe from list

Most Popular Today

Recent Features

  • Crosby Farm TopWire Hop Project 12Resplendent Oregon hop farm has ultimate beer garden (TopWire Hop Project) reopening April 30 (enjoy some images)
    April 15, 2021
  • Get Your Drink On app people cheers drinksThis Get Your Drink On app gifts beer money to a phone’s digital wallet, so please send me some
    April 15, 2021
  • GEA-InsightPartner-ProduktbildInside the real-time process control of GEA’s InsightPartner software
    April 14, 2021
  • roughhouse brewing cave aged beersCave-aged beer finally excavated by Roughhouse and other beers to know this week
    April 13, 2021
  • Distribution update: 21st Amendment heads to Hawaii, Upland Brewing to Chicago, Ceria Brewing to Texas/Puerto Rico and lots more news
    April 13, 2021
  • CODO Can design backgroundExploring canning trends and the can shortage with CanSource
    April 12, 2021

Footer

  • Email Newsletter Sign Up
  • About Craft Brewing Business
  • Contact Us
  • Advertise on Craft Brewing Business
  • Media Kit Download
  • Privacy and Terms

© 2021 · CBB Media LLC

Continue ...

sponsored by