SABMiller buys into China's beer-loving Fujian province
SABMiller has moved further into southern China by spending $8.9m to acquire another brewery, hoping to take advantage of the area's above average beer consumption.
SABMiller has moved further into southern China by spending $8.9m to acquire another brewery, hoping to take advantage of the area's above average beer consumption.
The global still drinks market has lost its cheap image and is booming because beverage companies are concentrating on the premium end.
Emerging markets across Asia, Eastern Europe and Latin America came good for both PepsiCo and Coca-Cola in 2005, increasing their importance in the two rivals' growth strategies.