It’s now official, Anheuser-Busch is now owned by a foreign company, selling to InBev for 52-Billion Dollars. The company own Spaten, St. Pauli Girl, Bass, Becks and now Budweiser branding.
InBev is the largest brewer in the world and has expanded their dominion to own the King of Beers here in the United States, marking the end of an era for Busch and Anheuser. Eberhard Anheuser, a German born immigrant purchased the small US brewery in 1860 and struggled up until Adolphus Busch had some great ideas to expand the business and, eventually, became president of the company.
Their hard work has paid off big time, 52-billion times, too bad they are not here to enjoy it (although it would probably be like 400,000 USD back in their time).
“Talks about a $70-per-share buyout of Anheuser-Busch by Belgian InBev, which makes Stella Artois and Beck’s, took place through the weekend in New York, said people familiar with the negotiations who declined to be named because the official announcement hadn’t been made.
As part of the deal, Anheuser-Busch will get two seats on the board of the combined company, which will be called Anheuser-Busch-InBev, the people said.” (usatoday)
Originally Anhesuer-Busch declined their offer, but today that has all changed. Congradulations to Anheuser-Busch but we’re very sad to see you go into the hands of a foreign owner once again. Given the original owner was European it’s ironic the new buyer came from the “Old World” once again.
We’ll post the press release from Anheuser-Busch when they’ve readied it.
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