SABMiller

Infobox Company
company_name = SAB Miller plc
company_
company_type = Public (lse|SAB, jse|SAB)
foundation = 1895 Johannesburg, RSA
location = London, England, UK
key_people = Meyer Kahn, Chairman
Graham Mackay, CEO
industry = Brewing
products =
revenue = US$21,410 million (2008)
operating_income = US$3,448 million (2008)
net_income = US$2,288 million (2008)
num_employees = 69,116 (2008)
parent =
subsid
homepage = [http://www.sabmiller.com www.sabmiller.com]
footnotes =Infobox Brewery
name = SABMiller


caption =
location = London, England, UK
owner =
opened = 1895
production = 239 million hectolitres
active_beers = brewbox_beer|name=Pilsner Urquell|style=Pilsner brewbox_beer|name=Peroni Nastro Azzurro|style=Lager brewbox_beer|name=Miller Genuine Draft|style=Draft brewbox_beer|name=Castle Lager|style=Lager brewbox_beer|name=Grolsch|style=Pilsner
seasonal_beers =
other_beers =

SABMiller, an abbreviated form of "SABMiller, plc", (lse|SAB) is one of the world's largest brewers. The company has brewing interests and distribution agreements across six continents.

Six of the company’s brands are in the world’s top 50 beer brands and the group is one of the largest bottlers of Coca-Cola products in the world.

The group reported an annual turnover of $21,410m in 2008, up 15% from $18,620m in 2007.

SABMiller has expanded rapidly from its South African origins, acquiring local brands and brewing operations in Europe, Asia and the Americas.

History

The Company was founded in South Africa in 1895 as "South African Breweries" (SAB). The business operations were mainly limited to southern Africa, where it had established a dominant position in the market, until 1990 when it began investing in Europe. [http://www.sabmiller.com/sabmiller.com/en_gb/Our+business/Our+history/ SAB Miller History] ]

SAB’s first investment in Europe was in 1990 through the purchase of an interest in "Compañía Cervecera de Canarias SA" in the Canary Islands.

After listing on the London Stock Exchange in 1999 to raise capital for acquisitions, the group purchased the Miller Brewing Company in North America from the Altria Group in 2002, and changed its name to SABMiller. [ [http://findarticles.com/p/articles/mi_m0BQE/is_6_13/ai_89982299 SAB is set to buy Miller Brewing] ] Altria Group retains a 28.7% ownership interest in SABMiller.

Following this, the group’s next major acquisition was of a major interest in Bavaria S.A., South America’s second largest brewer and owner of the Aguila and Club Colombia brands in 2005. [ [http://goliath.ecnext.com/coms2/gi_0199-4610683/SABMiller-buys-a-controlling-stake.html SAB Miller buys a controlling stake in South America's Baveria SA] ]

In the same year, SABMiller acquired a 29.6% stake in Harbin Brewery, China’s oldest brewer, preparing the group to benefit from growth of the beer category in developing markets. [ [http://query.nytimes.com/gst/fullpage.html?res=9D03E7DC143EF936A15756C0A9629C8B63 China: Bid for Brewer] ]

Operations

SABMiller has grown from its original South African base into a global company with operations in both developed markets and in emerging economies such as Eastern Europe, China and India.

outh Africa

The group’s most established market to date, sales in South Africa contributed 27% to group EBITA in 2008.

Local subsidiary SAB Ltd’s soft drink division is also the country’s largest producer of products for the Coca-Cola Company.

Brands include:
Castle Lager, Grolsch, Castle Milk Stout, Hansa Marzen Gold, Hansa Pilsener, Carling Black Label, Castle Lite, Sterling Lite Lager, Redd’s, Brutal Fruit and Sarita.

Africa and Asia

SABMiller’s brewing operations in Africa span 31 countries.

In China, the group’s national brand in that country, Snow, is produced in partnership with China Resources Enterprise Limited, is the leading brand by volume in China.

SABMiller is the second-largest brewer in India and has joint ventures in Vietnam and Australia. SABMiller acquired the Foster's brand for the Indian and Vietnamese markets.

The region contributed 14% of the overall group’s earnings before interest, tax and amortisation (EBITDA) in 2008.

Brands include:2M, Castle Lager, Castle Milk Stout, Eagle, Fosters, Kilimanjaro, Snow and Zorok.

Europe

SABMiller’s entry into the European market began in 1995 with the acquisition of Dreher in Hungary. The group’s European operations are mostly centred in the fast developing consumer markets in Central and Eastern Europe (Hungary, Romania, Poland, Czech Republic and Russia), although there are operations in Italy, France, UK and Germany where it imports its international premium brands.

On 19 November 2007, the board of Royal Grolsch NV accepted a €816 million offer for the company by SABMiller. The takeover was completed with the delisting of Grolsch's shares on 20 March 2008.

The region contributed 23% of the overall group’s earnings before interest, tax and amortisation (EBITDA) in 2008.

Brands include:
Pilsner Urquell, Nastro Azzurro, Peroni, Tyskie, Ursus, Dreher, Grolsch and Lech.

Latin America

SABMiller first entered the Latin American Market with the acquisition of Cerveceria Hondureña in Honduras, making the company the first international brewer to enter Central America. Since then, the group has expanded its Latin American operations into six countries, including Colombia, El Salvador, Ecuador, Panama and Peru.

The region contributed 25% of the overall group’s earnings before interest, tax and amortisation (EBITDA) in 2008.

Lager brands include:Pilsen Callao, Pilsen Trujillo, Cusqueña (Peru), Aguila, Club Colombia, Pilsener (Ecuador), Pilsener (El Salvador), Golden Light, Port Royal, Salva Vida, Imperial (Honduras), and Balboa (Colombia)

North America

The USA is the world’s most profitable beer market; On October 9, 2007, SABMiller and Molson Coors Brewing Company announced a joint venture to be known as MillerCoors.

U.S. antitrust regulators approved the joint venture on June 5, 2008. The merger was completed on June 30, 2008 and MillerCoors began operation as a combined entity on July 1, 2008. The combined venture will be headquartered in Chicago, IL.

Pete Coors has been named as chairman of the new company, and Molson Coors Chief Executive Leo Kiely will be the new CEO of the joint venture. Tom Long, CEO of Miller, will be appointed president and chief commercial officer.

The region contributed 11% of the overall group’s earnings before interest, tax and amortization (EBITDA) in 2008.

Brands include:
Miller Lite, Miller Genuine Draft, Olde English 800, Milwaukee’s Best, and Miller Chill.

Environmental record

SABMiller runs a number of sustainable development initiatives across its companies and in the countries it operates in. Fact|date=March 2008

SABMiller along with other UK brewers, have introduced new lightweight bottles that use 30% less glass. The lightweight bottles are designed to not only reduce the amount of waste materials but also cut down on energy used in production and distribution reducing the company's carbon emissions. [ [http://www.climatechangecorp.com/content.asp?contentid=5306 "Product life cycle: Solutions out of the box"] "Climate Change Corp" May 7, 2008. Accessed May 12, 2008]

Along with their own sustainability reports [http://www.sabmiller.com/NR/rdonlyres/B5B9E625-8661-47E4-9EB3-783C2D977036/0/SABMiller_SDR_2008.pdf 2008 Sustainable Development Report] SABMiller submits to a number of third party annual reports that review the company's environmental record. The corporation provides links to such reports on their own website. [ [http://www.sabmiller.com/sabmiller.com/en_gb/Our+responsibility/Tracking+our+performance/Sustainability+Indexes.htm "SABMiller.com"] Accessed May 12, 2008]

Brands

Beer Brands

SABMiller's brands include premium international beers such as Pilsner Urquell, Grolsch, Peroni Nastro Azzurro and Miller Genuine Draft, as well as a range of market-leading local brands.

Top brands brewed by SABMiller include

*Snow
*Miller Lite
*MG64
*Carling Black Label
*Aguila
*Club Colombia
*Tyskie
*Miller High Life
*Hansa Pilsener
*Castle Lager
*Cristal
*Zubr
*Poker
*Kozel
*Lech
*Zolotaya Bochka
*Haywards 5000

Non-beer brands

SABMiller is one of the world’s largest Coca-Cola bottlers and has carbonated soft drinks bottling operations in 14 markets.

Brands produced include

*Appletiser
*Bibo
*Bon Aqua
*Coca-Cola
*Cristal water
*Fanta
*Grapetiser
*Guaraná Backus
*Just Juice
*Malta Leona
*Malta Leona Cool
*Milo
*Minute Maid
*Nestea
*Nevada
*Play
*Pony Malta
*Valpré
*Saboré
*Sparkling Grenadilla
*Sparletta
*Sprite
*TAB
*Tropical
*Tutti Frutti
*Viva Backus

References

External links

* [http://www.sabmiller.com/ Official site]
* [http://biz.yahoo.com/ic/54/54451.html Yahoo! - SABMiller plc Company Profile]