Beer Business Daily – beer industry news and numbers

InBev and Femsa Going Through the Big D (and I don’t mean Dallas)

Interbrew, now InBev, and Femsa Cerveza have officially parted ways. That didn't take long. InBev sold to FEMSA its 30% interest in Femsa Cerveza. Inbev's Labatt USA gave back the US distribution rights for Femsa brands to Wisdom Imports Sales for the redemption of Wisdom's 30% interest in LUSA. Total price tag paid to InBev: $1.245 billion in cash.So InBev now owns 100% of LUSA and Femsa owns 100% of Femsa Cerveza. Those Femsa brands, Dos XX, Tecate, Sol, Carta

You need a subscription to access this article.Login now or subscribe to get daily industry insights!

Channels