Walmart says the change, which includes its U.S. food private brands such as Great Value, Marketside, Freshness Guaranteed and bettergoods, is in line with evolving customer preferences.
This investment is part of Anheuser-Busch's ongoing Brewing Futures initiative, through which the company is investing more than $300 million in its U.S. facilities to create and sustain U.S. manufacturing jobs.
The move, which rolls manufacturing into the company’s facilities in Fairfield, California and Senatobia, Mississippi, allows Calbee to keep up with consumer demand while strengthening its domestic presence and capabilities.
Heineken says this transaction builds on a long-standing partnership that began in 1986 and was strengthened in 2002 with the acquisition of a 25% stake in FIFCO's beverages business in Costa Rica, Distribuidora La Florida.
AFN says the acquisition expands its vertically integrated footprint, linking ranchers, harvesting, fabrication, further processing and national distribution, while cementing U.S. processing capacity dedicated to grass-fed and organic programs.
The acquisition marks Calbee’s entry in the plant-based foods market in the U.S. and further accelerates the growth of its international and Food and Health businesses.
The investment will expand the brewery’s capacity to produce fast-growing brands, like Michelob ULTRA, bringing more products to customers and consumers while supporting local communities and jobs.
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