Ambev

Ambev, short for Companhia de Bebidas das Américas, is a Brazilian brewing and beverage company that has established itself as a leader in the Latin American market. Founded in 1999 through the merger of two major Brazilian brewing companies, Antarctica and Brahma, Ambev has grown to become the largest brewery in Latin America and one of the largest in the world.

Headquartered in São Paulo, Brazil, Ambev's portfolio of products includes some of the most recognizable beer brands in the world, such as Brahma, Skol, Antarctica, Bohemia, and Quilmes. In addition to beer, Ambev also produces a wide range of soft drinks, juices, energy drinks, and other non-alcoholic beverages.

With operations in 15 countries, including Brazil, Argentina, Peru, Colombia, and Canada, Ambev employs over 32,000 people and operates 32 breweries and 16 bottling plants. The company has a strong presence in the Brazilian market, where it holds a market share of over 60%, and has been expanding its reach in other Latin American countries, as well as Canada.

In addition to its impressive size and market presence, Ambev is also known for its commitment to sustainability and social responsibility. The company has set ambitious targets to reduce its environmental impact, such as reducing water consumption and carbon emissions, and has also launched initiatives to promote responsible consumption and support local communities.

1999: Brahma and Antarctica agree to merge to form a dominant Brazilian beverage group.

2001: Uruguay remained an AmBev target when it bought nearly 100 percent control of Cervecería y Malteria Paysandú. That company added such brands as Norteña and Prinz, boosting AmBev's share of the market to 45 percent, as well as malting facilities and mineral water bottling operations. The company acquires Cerveceria y Malteria Paysandu, in Uruguay, gaining 45 percent of that market; Cerveceria Internacional in Paraguay is acquired.

2002: However, AmBev had succeeded in wearing Quilmes down, as the two sides agreed to integrate aspects of their operations in Argentina. Nonetheless, international beer sales made up only 5 percent of the company's total sales, which topped R 7.3 billion ($2.5 billion). Founded this year, Mill Street is an award-winning craft brewery and the largest producer of certified organic beer in Canada, with key brands such as Mill Street Original Organic Lager, 100th Meridian Amber Lager, Tankhouse Ale and Cobblestone Stout.

2003: After the creation of Ambev, the Company accelerated its expansion outside Brazil through a business combination with Quinsa, establishing a leading presence in the beer markets of Argentina, Bolivia, Paraguay and Uruguay.

2004: InBev—which was founded through the merger of the Brazilian Companhia de Bebidas das Américas (AmBev) and the Belgian Interbrew SA—was an international brewer that produced more than 200 brands of beer, notably Stella Artois, Bass, and Hoegaarden.

2005: Ambev then started a beer business after the construction of a brewery.

2006: Upon the closing of the transaction, which took place on August 8, Ambev’s equity interest in Quinsa increased to approximately 91% of its total share capital. The CNDC formally approved the fulfilment of the conditions set forth above in December. The sale of the brands and the plant was concluded in December.

2007: On April 17, Ambev closed the acquisition of 100% of Goldensand – Comércio e Serviços Lda. (“Goldensand”), the controlling shareholder of Cervejarias Cintra Indústria e Comércio Ltda. (“Cintra”), a local brewer with a presence in the Southeast of Brazil.

2008: On July 28, CADE decided that all obligations under the agreement had been considered fulfilled.

2009: The Competition Bureau concluded in January that there was insufficient evidence to establish that the transaction was likely to substantially lessen or prevent competition. In March, Quinsa acquired from SAB Miller plc, 100% of the share capital of Bebidas y Aguas Gaseosas Occidente S.R.L., becoming the exclusive bottler of Pepsi in Bolivia. In October, the Company through its subsidiary Monthiers S.A. increased its equity in Ambev Peru from 85.62% to 100%.

2010: In October, Ambev effected a business combination with Cervecería Regional aimed at creating a stronger and more dynamic competitor in Venezuela, South America’s second-largest beer market.

2012: In May, Ambev and E. León Jimenes S.A. (“ELJ”) completed a transaction to form a strategic alliance to create the leading beverage company in the Caribbean.

2015: Also in March, Ambev and Whirlpool created B.Blend, a joint venture to develop and commercialize the first all-in-one capsule-based beverage machine. In October, Labatt Brewing Company Limited (“Labatt”), one of our subsidiaries, purchased the Mill Street Brewery, a craft brewer based in Toronto, with a portfolio of 70 unique and innovative beers.

2016: Anheuser-Busch InBev completed the acquisition—valued at more than $100 billion—in October.

2017: In December, E. León Jimenes, S.A. (ELJ), partially exercised, in accordance with the shareholders’ agreement of Tenedora, its put option in connection with shares representing 30% of Tenedora’s capital stock.

2018: Ambev has also increased its presence in the region through acquisitions, including the purchase of the Mexican brewery Cuauhtémoc Moctezuma This acquisition has allowed Ambev to become the largest brewer in Mexico.

2019: Ambev announced a partnership with the technology company BID (Banco Interamericano de Desenvolvimento) to develop new innovations in the areas of sustainability, logistics, and distribution. The partnership will focus on using technology to improve efficiency and reduce the environmental impact of Ambev's operations.

20220: in response to the COVID-19 pandemic, Ambev shifted its production to manufacture hand sanitizer and other essential products. The company also launched a campaign called "Vamos Juntos" (Let's Go Together) to support small businesses and local communities affected by the pandemic.

2021: Ambev announced that it was investing $100 million to build a new brewery in Minas Gerais, Brazil. The new brewery will be one of the most advanced in the world, using technology such as artificial intelligence and automation to improve efficiency and reduce the company's environmental impact. Also in 2021, Ambev launched a new line of beer called "Brahma Duplo Malte" (Brahma Double Malt). The beer is made with double the amount of malt compared to traditional beers, resulting in a richer flavor and aroma.

2022: Ambev announced that it was launching a new non-alcoholic beer called "Skol Hops". The beer is made with hops, which are typically used in the production of traditional beers, but without the alcohol content. The company hopes that the new product will appeal to consumers who are looking for non-alcoholic alternatives. Later in 2022, Ambev announced that it was investing $500 million in a new sustainability program called "Juntos pelo Clima" (Together for the Climate). The program includes initiatives such as planting trees, reducing greenhouse gas emissions, and promoting renewable energy. Ambev has set a goal to become carbon neutral by 2040.

Ambev's mission is to be the best beer and beverage company in a better world. The company strives to create sustainable value for its stakeholders, including customers, employees, shareholders, and the communities in which it operates.

To achieve this mission, Ambev has identified four strategic pillars: growth, efficiency, sustainability, and people. The company aims to grow its business by expanding its portfolio of products and increasing its market share in key regions. It also seeks to improve efficiency by reducing costs and improving productivity.

Ambev's vision is centered on taking responsibility and ownership for achieving the company's goals. The company recognizes that it must continually strive for excellence and push beyond what is considered "good enough" to truly make a difference in the world. With this in mind, Ambev is committed to working collaboratively with its stakeholders to achieve its vision of a Better World.

The company understands that it cannot achieve its vision alone and is dedicated to building strong partnerships with its customers, employees, shareholders, and communities. Through these partnerships, Ambev seeks to create shared value that benefits all stakeholders and contributes to the greater good.

Ambev is a brewing company that produces a wide range of alcoholic and non-alcoholic beverages. The company's flagship product is its beer, which includes brands such as Skol, Brahma, Antarctica, and Quilmes. These beers are sold in various formats, including bottles, cans, and kegs, and are available in different flavors and strengths.

In addition to beer, Ambev also produces other alcoholic beverages, such as malt beverages and ciders. These products cater to a variety of tastes and preferences and are marketed under different brand names depending on the region.

Ambev has also expanded its product portfolio to include a range of non-alcoholic beverages. These include soft drinks, juices, energy drinks, and bottled water. Some of the company's most popular non-alcoholic brands include Guaraná Antarctica, Pepsi, H2OH!, and Gatorade.