ST. LOUIS -- Anheuser-Busch Cos. Inc. will become the exclusive U.S. importer of a number of InBev's premium European import brands, including Stella Artois, Beck's, Bass Pale Ale, Hoegaarden, Leffe and other select InBev brands, the two brewers said.
Effective Feb. 1, 2007, Anheuser-Busch will import these premium brands and be responsible for their sales, promotion and distribution in the United States. These InBev brands, which had sales volumes of about 1.9 million hectoliters (or about 1.5 million barrels) in 2005, will be available to Anheuser-Busch's [image-nocss] U.S. wholesaler network where possible.
Terms of the agreement were not disclosed.
This agreement gives us highly valued brands that appeal to beer drinkers looking for sophisticated imports in their beer choices, said August A. Busch IV, president and CEO of Anheuser-Busch, St. Louis. We live in a world with diverse cultures and lifestyles, and this provides additional variety for our consumers. These well-known import brands complement our company's leading portfolio of American premium beers and enable our company to better compete. This is consistent with our stated strategy of enhancing our participation in the U.S. high-end beer segment.
By securing access to Anheuser-Busch's world-class sales and distribution system, this agreement will enhance opportunities for U.S. consumers to experience the unique values of our premium European import brands, and further accelerate their growth, said Carlos Brito, CEO of InBev. This is another step in InBev's mission to create enduring bonds with our consumers throughout the world.
InBev's Canadian brands, including Labatt Blue and Labatt Blue Light, as well as Brahma, are not included in the agreement. Working closely with Labatt Breweries of Canada, InBev USA will continue to market and sell the Labatt and Brahma brands through a separate distribution network.
Doug Corbett, president of InBev USA, said: InBev USA remains fully committed to the Labatt Canadian brands and to Brahma. These are great brands with a lot of potential and this agreement will allow us to focus on growing them in their markets.
InBev is a publicly traded company based in Leuven, Belgium. It has a portfolio of more than 200 brands, including Stella Artois, Brahma, Beck's, Leffe and Skol.
Based in St. Louis, Anheuser-Busch brews Budweiser and Bud Light among other brands. It also owns a 50% share in Mexico's Grupo Modelo, and a 27% share in China's Tsingtao.Members help make our journalism possible. Become a CSP member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.