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/PRNewswire/ -- After cultivating a groundswell in the booming U.K. no-and-low (No/Low) alcohol market, CleanCo announces its entry to the U.S. market, in...
Dive Brief: Ready-to-drink cocktail company Canteen Spirits signed a distribution deal with Anheuser-Busch and received an undisclosed investment from its parent company AB InBev's investment and innovation arm ZX Ventures. Canteen Spirits will join Anheuser-Busch’s Beyond Beer portfolio, which launched in 2018 to capitalize on the growing seltzer, wine, spirits and malt-based beverages segment. Canteen Spirits makes a vodka-based cocktail called Canteen with seven flavors, and a tequila-based drink called Cantina that has three flavors. The beverages have low carbs and ABVs, and are made w...
AB InBev’s Beyond Beer business – which includes brands such as Mike’s Hard, Flying Fish and Bud Light Seltzer - generated more than $1bn in 2020 and grew by more than 40% in Q1, 2021. Known primarily as the world’s largest brewer - with big global brands such as Budweiser, Bud Light and Stella Artois - AB InBev now identifies the emergence of a ‘fourth key category’ between beer, wine and spirits: the ‘beyond beer’ category which includes RTD alcohol, canned cocktails, hard seltzers and flavored malt beverages. “The lines between the established...
Operator Good morning, and thank you for waiting. I would like to welcome everyone to Ambev's first-quarter 2021 results conference call. Today with us, we have Mr. Jean Jereissati, CEO for Ambev; and Mr. Lucas Lira, CFO and investor relations officer. As a reminder, a slide presentation is available for downloading on our website, ri.ambev.com.br, as well as through the webcast link of this call. [Operator instructions] Before proceeding, let me mention that forward-looking statements are being made under the safe harbor of Securities Litigation Reform Act of 1996. Forward-looking statements...
Operator Welcome to the Anheuser-Busch Inbev first-quarter 2021 earnings conference call and webcast. Hosting the call today from AB InBev are Mr. Carlos Brito, chief executive officer; and Mr. Fernando Tennenbaum, chief financial officer. To access the slides accompanying today's call, please visit AB InBev's website at www.ab-inbev.com, and click on the Investors tab and the reports and results center page. Today's webcast will be available for on-demand playback later today. [Operator instructions] Some of the information provided during the conference call may contain statements of future...