Saturday, May 11, 2019
Anhuser-busch buys rolling rock brands Research Paper
Anhuser-busch buys rolling rock brands - Research Paper ExampleHowever, although the companys net earn sales events have increased, the volume of beer has lowered and the Rolling Rock brand is among the least performing in the beer market. This weak performance triggered AB InBev to consider the sale of Rolling Rock. Reports only give hints that the most in all probability acquirer would be North American Breweries Inc. (NAB), owned by KPS Capital Partners, a private candor firm headquartered in New York. In March 2009, Labatt USA, the private U.S. importer of Labatt beer, was bought by KPS from AB InBev (Brooks). Besides KPS, some other potential acquirer is C2 Imports, a California beer importer of specialty beers around the world. The company had earlier entertained bids to bribe Rolling Rock with the help of Lazard investment bank, but was displeased with the offers. Rolling Rock among many assets AB InBev needs to divest in order to repay debt incurred from the $52 billion merger (Anheuser mulls).Estimated asking terms for Rolling Rock, although not specifically stated by AB InBev, may probably be on the lines of $70-$75 million. This is due to the fact that the value of the product has gone down over the years since its sale to Anheuser-Busch, then later when company merged with InBev. The asking price is also likely to go up, depending on the amount the highest bidder is willing to pay for.Sales for Rolling Rock recently declined to 13% from 2007 to 7.4 million character references in 2008. The Wall Street Journal reported that in 2004 Rolling Rock sold around 11 million eludings (Cohen). States in America sell the brand for different prices. The current estimated price range per case of Rolling Rock lager beer is $16-$22 (which is already rounded off, including all innovations under the brand) (Price rock). Since the products decline, pertinent information about it is limited, incomplete and outdated. However, if on the average, the price sol d per case is $19 then multiplied by
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