Photos c/o AB In Bev and SABMiller
AB InBev is in talks to buy SABMiller. Their merger might not mean much to you without context, but it would effectively create the largest beer making company in the world: Anheuser-Busch and MillerCoors.Dozens of the biggest-selling brew brands in the world would come together under one parent company, including Budweiser, Corona, Miller, Coors, Keystone, High Life, and Blue Moon.
As of right now, AB InBev is the largest beer company in the world. It brought in $47 billion in revenue in 2014, while SABMiller totaled $22.1 billion during the same year, according to Atlantic Magazine. Fascinating fact: although this list of beers produced by both companies seems all-American, Belgian-Brazilian InBev bought Anheuser-Busch in 2009, and MillerCoors was bought by SAB (that’s South African Breweries) in 2002, and is based in London.
Chicago, meanwhile, is concerned that MillerCoors, currently headquartered there, will be shipped overseas as a result, if the merger happens.
“The bad news for Chicagoans is the only sort of margin upside for Molson Coors would be to take out the back-office location in Chicago … and relocate them to Denver or Canada,” Philip Gorham, a Morningstar senior equity analyst told the Chicago Tribune.