The newly-created firm will produce about 30% of the world's beer. AB InBev's brands include Stella Artois and Corona, while SABMiller produces Peroni and Grolsch.
"Our combination with SABMiller is about creating the first truly global beer company and bringing more choices to beer drinkers in markets outside of the US," said Carlos Brito, chief executive of AB InBev.
SABMiller has a workforce of close to 70,000 people in more than 80 countries, and global annual sales of more than $26bn. AB InBev has a workforce of 155,000 and global revenues of more than $47bn.
The two firms are predicting cost savings of at least $1.4bn a year.
The newly-created firm will produce about 30% of the world's beer. AB InBev's brands include Stella Artois and Corona, while SABMiller produces Peroni and Grolsch."Our combination with SABMiller is about creating the first truly global beer company and bringing more choices to beer drinkers in markets outside of the US," said Carlos Brito, chief executive of AB InBev.SABMiller has a workforce of close to 70,000 people in more than 80 countries, and global annual sales of more than $26bn. AB InBev has a workforce of 155,000 and global revenues of more than $47bn.The two firms are predicting cost savings of at least $1.4bn a year.
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