Ambev SA to buy Brazilian beverage producer Do Bem
27 April 2016
Ambev SA, a Brazilian unit of Anheuser-Busch InBev, yesterday struck a deal to buy beverage producer Do Bem for an undisclosed sum.
Ambev is the biggest brewery in Latin America and the fifth largest in the world. It was created in 1999, through the merger of two breweries, Brahma and Antarctica.
Do Bem sells premium juices and teas in Brazil, Paraguay, Colombia, France, Portugal and Spain.
Its portfolio also includes beers like Antarctica, Bogotį Beer Company, Brahma, Bohemia, Skol, Stella Artois and soft drinks like Guaranį Antarctica, Soda Antarctica, Sukita and the innovations H2OH! and Guarah.
As the largest PepsiCo bottler outside US, it sells and distributes PepsiCo products in Brazil and other Latin American countries, including Pepsi, Lipton Ice Tea and Gatorade as a franchisee.
"Do Bem comes to expand and strengthen the operations of our nonalcoholic division", said Ambev in a statement.
Ambev said the acquisition will allow it to increase its portfolio of nonalcoholic beverages to new classes of consumers.