Anheuser-Busch InBev

Anheuser-Busch InBev SA/NV, known as AB InBev, is a Belgian multinational drink and brewing company based in Leuven, Belgium. It is the largest brewer in the world, and in 2023, was ranked 72nd in the Forbes Global 2000. AB InBev was formed in 2008, with Belgian-Brazilian brewing company InBev's acquisition of the American company Anheuser-Busch. Anheuser-Busch InBev SA/NV is a publicly listed company, with its primary listing on the Euronext Brussels. It has secondary listings on Mexico City Stock Exchange, Johannesburg Stock Exchange, and New York Stock Exchange. AB InBev has offices in New York City, alongside regional headquarters in São Paulo, London, St. Louis, Mexico City, Bremen, Johannesburg, and others. It has approximately 630 beer brands in 150 countries.

Interbrew was formed in 1987 from a merger of the two largest breweries in Belgium: Artois and Piedboeuf. The Artois brewery, previously known as Den Hoorn, was established by 1366 and the Piedboeuf brewery was established by 1812. Interbrew then acquired a number of local breweries in Belgium. By 1991, the second phase of targeted external growth began outside Belgium. The first transaction in this phase took place in Hungary, followed in 1995 by the acquisition of Labatt Brewing Company (founded 1847), the largest brewer in Canada, and then in 1999 by a joint venture with Sun in Russia. In 2000, Interbrew acquired Bass and Whitbread in the UK. They then acquired a number of German breweries: Diebels and Beck's & Co. (founded 1873, the maker of the world's top selling German beer) in 2001, the Gilde Group in 2002, and Spaten in 2003. In 2002, Interbrew also acquired stakes in the K.K. Brewery and the Zhujiang Brewery, strengthening its position in China. Interbrew operated as a family-owned business until December 2000. At this point it organized an initial public offering, becoming a publicly owned company trading on the Euronext stock exchange (Brussels, Belgium).

AmBev (short for America Beverages, formally Companhia de Bebidas das Américas, Portuguese for "Beverages Company of the Americas") is a Brazilian beverages company formed in 1999 with the merger of the two biggest Brazilian brewers, Antarctica (founded in 1880) and Brahma (founded in 1886). The organization's headquarters are in São Paulo, Brazil. As an independent operator it's the largest beer company by market capitalization in Brazil and in the Southern Hemisphere. Ambev operates in 18 countries in the Americas and its products include beers such as Antarctica, Bogotá Beer Company, Brahma, Bohemia, Stella Artois and soft drinks like Guaraná Antarctica, Soda Antarctica, Sukita and the innovations H2OH! and Guarah. The subsidiary is listed on B3, the São Paulo stock exchange, and on the New York Stock Exchange.

In 2004, Interbrew and AmBev merged, creating InBev. While its core business is beer, the company also had a strong presence in the soft drink market in Latin America. It employed about 86,000 people and was headquartered in Leuven, Belgium, where Anheuser-Busch InBev is based. InBev employed close to 89,000 people, running operations in over 30 countries across the Americas, Europe and Asia Pacific. In 2006, InBev increased its share of Cerveza Quilmes, the largest beer manufacturer in Argentina, to 91%. In 2007, InBev bought Lakeport Brewing Company, the largest discount brewer in Canada and realized 14.4 billion euro in revenue. The Interbrew and AmBev merger was valued at $11.5 billion, and consolidated the top brands from Belgium, Canada, Germany and Brazil. The merger combined the third largest brewing company in the world (Interbrew) and fifth largest (Ambev) into the world's No.1 beermaker. Before the merger, Heineken International was in fourth place, SABMiller was in second place, a

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