When you’re the biggest beer company in the world, you don’t have a lot to be afraid of, except for maybe the second largest beer company in the world. If you can’t beat them, often times the best option is to join them, and that’s what’s got the creators of Budweiser and Miller sitting down at the same table to be friends. Bud owners AB InBev and Miller owners SABMiller are in merger talks, with AB InBev trying to acquire SABMiller.
The combined merger would create a $245 billion dollar beer company, which controls most of the world’s major brands: Budweiser, Miller, Coors, Molson, and their various other subsidiaries, plus major international brewing companies like Corona, Stella Artois, Hoegaarden, Skol, Aguila, Peroni, and Pilsner Urquell. It’s all in response to the growing emphasis on craft beer; the more people make beer, the less they sell, even if AB InBev is still the world’s largest beer manufacturer and SABMiller is second.
“There can be no certainty that this approach will result in an offer or agreement, or as to the terms of any such agreement,” the Belgium-based multinational said in a statement. “A further statement will be made as appropriate.”
Tags: budweiser, miller, ab inbev, inbev, sabmiller, ab inbev to buy sabmiller, sab miller, ab inbev to buy sab miller, ab inbev to merge with sab miller, 5 billion dollar beer merger, two largest beer companies to merge, beer, mergers, millercoors, molson, coors