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You are here: Home / Uncategorized / It’s A Wrap: A-B InBev Deal Closes

It’s A Wrap: A-B InBev Deal Closes

November 18, 2008 By Jay Brooks

According to the Associated Press, InBev is reporting that the deal to acquire Anheuser-Busch is officially closed. Beginning today, the new company — Anheuser-Busch InBev — will be the largest beer company in the world and in the top 5 of “global consumer products companies.”

Other accounts include more details, such as CNN Money, WGN Chicago, St. Louis Today .

From St. Louis Today:

InBev says its main goals — besides running its current operations — are to mesh the two big companies, pay off debt and deliver promised “synergies.” Those include $1.5 billion in cost cuts over three years.

They’ve already launched a new website under the new name, Anheuser-Busch InBev, and the new logo is below.

.

From the splash page of the new website:

Anheuser-Busch InBev is the leading global brewer and one of the world’s top five consumer products companies. A true consumer-centric, sales driven company, Anheuser-Busch InBev manages a portfolio of over 200 brands that includes global flagship brands Budweiser, Stella Artois and Beck’s.

Geographically diversified with a balanced exposure to developed and developing markets, Anheuser-Busch InBev leverages the collective strengths of its 120,000 employees based in operations in over 30 countries across the world. The Company strives to be the Best Beer Company in a Better World.

 

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