Miller Brewing Co. will be sold for $5.6 billion to South African Breweries PLC

Milwaukee Journal Sentinel ^ | May 30, 2002 | TOM DAYKIN

[HAL9000]

He said the deal's benefits would include combining the best operating practices of both Miller and South African Breweries, the latter of which is considered by some industry observers to be the most efficient brewer in the world.

Yes, the world needs a more efficient beer.

[RLK]

Who will own America?

[guitfiddlist]

I'm sorry. My PC circuits are out. And exactly how long will it be before South Africa is starving and/or completely wiped out from AIDS? Yeah....good move.

[singletrack]

Bono may not be able to cure hunger in Africa ....but thirsty African are in luck.

[Prodigal Son]

London-based South African Breweries

There's only so much in a name.

[Seeking the truth]

On a short-term basis, Miller expects to see an immediate benefit by bringing Pilsner Urquell, one of South African Breweries' better-known brands, into its U.S. distribution system. Bowlin said Pilsner Urquell, a Czech beer, would complement Miller's current main import, Foster's Lager, an Australian brand.

One of the world's best beers is Pilsner Urquell. On this factoid alone, I'm in favor of this buyout!

[jordan8]

I guess for the old owners it's Miller Time!

[Rodney King]

"We are going to be a company that's totally focused on brewing, marketing and selling beer."

They can start by making one that tastes good.

[Rodney King]

An example of the company's vaunted efficiency is its Ibhayi brewery, which opened in March 2001 in South Africa. The $90 million brewery can produce 1.9 million barrels a year with just 13 employees on each shift, according to the company. Miller's smallest brewery, at Tumwater, Wash., can produce 3 million barrels a year and has 410 employees. That brewery, formerly owned by Pabst Brewing Co., is much older than the Ibhayi facility.

It's too bad that there is no way to short real-estate. Tumwater, Washington is going to be losing a lot of jobs in the next two years.

[1rudeboy]

Umm . . . the banks?

[Henchster]

BINGO! Here's a toast hoping they bring PU to the States in barrels as well, I'd love to have that on tap here at home!

[conserv13]

Effula jig jig

[Seeking the truth]

You do that and I'll make a visit to my brother & sister-in-law in West Hills and stop by for a "beerchen" or two!

[mr1776]

dunno if it's still true, but I heard that the #1 country in terms of ownership/voting-shares in US companies is England.

[Henchster]

Well, it's early here, but I may have to have a half-pint to toast to the SAB/Miller deal going through, and PU coming over in barrels!

____

Ahhhh! OK, as soon as it's here, your invite is open.

[laredo44]

...would complement Miller's current main import, Foster's Lager, an Australian brand.

The Foster's I get here sure ain't the same stuff I got in Australia. Is it really imported, or does Miller brew it in the USA?

[kaktuskid]

Foster's sold in US is brewed in Canada

[RLK]

Basically, South African Breweries knows the Southern half, indeed all, of Africa is a lost cause. They are making investment elsewhere so that they will not be destroyed along with that section of the world.

[WIMom]

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