Word: brewers
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...their métier at cafés around town and impressed their elders with their shrewdness and industry. Among the impressed was Michel Vidalenc, whose employer, Groupe Bertrand, is one of a few family firms that dominates beverage distribution in France. (Bertrand is now a subsidiary of Dutch brewer Heineken.) These brasseurs - many of whom just happen to come from the Auvergne - serve as informal bankers to the café trade. They sniff out Auvergnats most likely to keep their beer flowing freely and advance them cash to buy a place of their own. "Interest" comes in the form...
...German beer industry, it would have to be the New York-born Eisenbeiss (his parents emigrated to the U.S.). He and his sister share a 48% stake in the company that sells more beer to Germans than anyone else - Holsten, on Germany's north coast. Eisenbeiss believes a modern brewer needs to be big - Holsten already serves up 1 billion liters a year - and international. Sailer and his brother, Dietrich, by contrast, own and operate the small but thriving Hofbräuhaus Traunstein in southern Germany, which brews 10 million liters of beer annually. For centuries, such local breweries have...
...global players are poised to take over the German beer market, why haven't any German brewers become global players? Bavarian monks formalized and perfected the art of brewing in the Middle Ages. Yet even a German giant like Holsten is dwarfed by Heineken - which produced 11 billion liters in 2002 and is awaiting regulatory approval for its purchase of Austria's 2.6 billion-liter-per-year BBAG brewery for €1.9 billion. Shackleton explains that when Dutch and Belgian brewers began seeing their local markets shrink in the late 1980s, they responded by beefing up their exports, hammering...
...Scottish & Newcastle will soon have up to €3.25 billion to spend after selling off nearly 1,500 of its pubs later this year, and a year ago, South African Breweries (SAB) bought America's Miller Brewing Company to create SABMiller - now the world's second-largest brewer, and a company hungry for European expansion. That may have awakened Anheuser-Busch - No. 1 in the world, which has fat profit margins in the U.S., where it gets more than 80% of its sales. At one time, the company had ruled out European acquisitions, but rivals think they'll get involved...
...sudden there was a 'Pow, pow, pow,'" said councilwoman Gale Brewer, who was sitting at the back of the crowded chamber. "I dove under my desk ... [then] one of my colleagues grabbed my hand and said, 'Run.'" Community groups receiving ceremonial tributes from the council were caught in the chaos, including some young children affiliated with a local Puerto Rican community group. "The little girls... were hysterical," said Debbie Almontaser, whose organization Women in Islam was also being honored. "They were crying, they were very upset." Almontaser, who had taken refuge in a nearby bathroom with two of the girls...