date:Sep 10, 2012
usch InBev's takeover of Grupo Modelo in June as a case in point. A-B InBev, just like other major brewers, has been looking to increase its presence in high-growth emerging markets, he said. The Mexican market offers potential for the company as beer volumes are forecast to increase by over 1bn litres (3% CAGR) over 2011-2016 thanks to economic development and growing disposable incomes.
In spirits, many (international spirits companies) are now looking to acquire local spirit brands as a mean