TOP 100—2016 MAJOR MOVEMENTS
- SABMiller has disappeared from the rankings, in the wake of its acquisition by Anheuser-Busch InBev in 2016, in a deal valued at over $100 billion. This has helped AB InBev to advance one place up in the ranking to the 3rd spot.
- Another big riser from the brewing industry is Molson Coors, whose sales increased over the last year from $3.56 billion to $4.88 billion. As a result, it now occupies 76th place. In the autumn of 2016, the company assumed full ownership of SABMiller’s 58 percent stake in the MillerCoors joint venture, which passed control of the entire Miller portfolio outside the US and Puerto Rico to Molson Coors.
- TreeHouse Foods has shot into the rankings within the last year and now lies in 64th place, with food sales worth over $6.17 billion. Towards the end of 2015, the company acquired Conagra Foods’ own-label operations for a sum of $2.7 billion.
- This development has also seen Conagra slip down the rankings, falling from 22nd position last year to 30th place this year.
- In 59th position, Itoham Foods merged with Yonekyu towards the end of 2015, thereby creating a new entity within the Japanese meat products market named Itoham Yonekyu Holdings.
- Marfrig Group of Brazil has fallen down the rankings, from 52 to 78. However, much of this can be attributed to recent changes in the world currency markets and the appreciation of the US dollar against the Brazilian Real.
- Tate & Lyle has re-entered the rankings within the last year and now lies in 98th position. Revenue increased during the year ending March 2017, with sales of new products exceeding $100 million for the first time ever.
- Companies that have slipped out of the top 100 in 2016 include German-owned Maxingvest/Tchibo, as well as Kewpie Corporation of Japan.
