AmBev
Sociedade Anônima | |
Traded as |
BM&F Bovespa: ABEV3 NYSE: ABEV |
Industry | Beverage |
Predecessor |
Companhia Cervejaria Brahma Companhia Antarctica Paulista |
Founded | 1999 |
Headquarters | São Paulo, Brazil |
Key people | Bernardo Paiva, (Chairman & CEO) |
Products | Beers and Soft drinks |
Revenue | US$ 14.7 billion (2013) |
US$ 4.8 billion (2013) [1] | |
Number of employees | 46,500 |
Parent | Anheuser-Busch InBev |
Subsidiaries | Cervecería Nacional Dominicana |
Website |
www |
Ambev, formally Companhia de Bebidas das Américas (official English translation: "Americas' Beverage Company", hence the name "Ambev", formerly styled as "AmBev") is a Brazilian brewing company. It is the biggest brewery in Latin America and the fifth in the world. It was created on July 1, 1999, with the merger of two breweries, Brahma and Antarctica. The merger was approved by the Board of Directors of the Brazilian Administrative Council for Economic Defense (CADE) on March 30, 2000.
Ambev operates in 14 countries in the Americas and its portfolio includes beers like Antarctica, Bogotá Beer Company, Brahma, Bohemia, Skol, Stella Artois and soft drinks like Guaraná Antarctica, Soda Antarctica, Sukita and the innovations H2OH! and Guarah. As the largest PepsiCo bottler outside United States, it sells and distributes PepsiCo products in Brazil and other Latin American countries, includes Pepsi, Lipton Ice Tea and Gatorade by agreement of franchising. It is controlled by Anheuser-Busch InBev.
Creation of AmBev
Following the creation of AmBev on March 3, 2004, the company's remit as a subsidiary grew into North America, with Interbrew acquisition, Labatt and the name was expanded to its present long form.
See also
- Cerveza Quilmes — (Ambev has a 91.18% controlling interest) [2]
- Cervecería Nacional Dominicana — 51% owner
- Brasil Kirin (competitor)
- Grupo Petrópolis (competitor)
- Heineken International (competitor)
References
- ↑ The AmBev's net income was of 4.7 USD Billion in 2010 ended fiscal year
- ↑ Ambev - Companhia de Bebidas das Américas
External links
- Company website (Portuguese)
- - The Ambev stock chart
- -Ambev suit