Ambev

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Ambev S.A.
Sociedade Anônima
Traded asB3ABEV3
NYSEABEV
Ibovespa Component
IndustryDrink
PredecessorCompanhia Cervejaria Brahma
Companhia Antarctica Paulista
Founded1999
HeadquartersSão Paulo, Brazil
Key people
Bernardo Paiva, (Chairman & CEO)
ProductsBeers and Soft drinks
RevenueIncrease US$ 13.0 billion (2017)
Increase US$ 2.9 billion (2018) [1]
Number of employees
46,500
ParentAnheuser-Busch InBev
SubsidiariesCervecería Nacional Dominicana
Websitewww.ambev.com.br

Ambev, formally Companhia de Bebidas das Américas (official English translation: "Americas' Beverage Company", hence the name "Ambev", formerly styled as "Ambev"), is a Brazilian brewing company who has joined a Belgian company Anheuser-Busch InBev. It was created on July 1, 1999, with the merger of two breweries, Brahma and Antarctica. The merger was approved by the board of directors of the Brazilian Administrative Council for Economic Defense (CADE) on March 30, 2000. The headquarters are in São Paulo, Brazil. It is the largest company of Brazil by market capitalization and the third largest in Southern hemisphere.

Ambev operates in 14 countries in the Americas and its products include beers such as Antarctica, Bogotá Beer Company, Brahma, Bohemia, Skol, Stella Artois and soft drinks like Guaraná Antarctica, Soda Antarctica, Sukita and the innovations H2OH! and Guarah. The largest PepsiCo bottler outside United States, it sells and distributes PepsiCo products in Brazil and other Latin American countries, includes Pepsi, Lipton Ice Tea and Gatorade by franchise agreement. According to an analyst at Share Market Updates in October 2016, the company operates "through Latin America North, Latin America South, and Canada segments. It offers beers primarily under the Skol, Brahma, and Antarctica brands. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, and ready-to-drink teas under the Guaraná Antarctica, Guaraná Antarctica Black, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Monster, Red Rock, Pepsi-Cola, and Seven Up brands."[citation needed]

In 2004, Ambev merged with Belgian company Interbrew to form InBev. In 2016, InBev merged with American company Anheuser-Busch to form Anheuser-Busch InBev.[2] Ambev S.A. is currently a subsidiary of Interbrew International B.V., which is in turn a subsidiary of Anheuser-Busch InBev SA/NV.[3]

See also[edit]

References[edit]

  1. ^ [1] The Ambev's net income was of 4.7 USD Billion in 2010 ended fiscal year
  2. ^ "Company Information". Anheuser-Busch InBev. Retrieved 20 May 2015.
  3. ^ Johnson, Steve (26 October 2016). "Johnson". Share Market Updates. Share Market Updates. Archived from the original on 2017-02-06. Retrieved 5 February 2017.
  4. ^ Ambev - Companhia de Bebidas das Américas Archived 2008-04-27 at the Wayback Machine

External links[edit]