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Report: New Belgian Owner Of Budweiser To Raise U.S. Beer Prices

As if it wasn't disturbing enough to American patriots that AB InBev -- the Belgian-Brazilian beer conglomerate -- bought St. Louis-based Anheuser-Busch last year, now the company says it plans to raise prices of its products in some parts of the U.S., the Wall Street Journal is reporting.

Happy Great Recession, American beer-drinkers!

You will recall the angst caused among some stars-and-stripes beer drinkers last year when InBev purchased the iconic American brand for $49 billion, getting beloved Bud, Bud Light (the two biggest-selling beers in the U.S.), in addition to Michelob, Busch and dozens of other brands.

Now, the new landlord is jacking up the rent, the Journal reports.

"We do plan on taking prices up in the fall on the majority of our volume in the majority of the U.S.," Dave Peacock, president of AB InBev's U.S. division, said in an interview with the Journal. "The environment is very favorable, we think.

-- Frank Ahrens
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By Frank Ahrens  |  August 25, 2009; 3:30 PM ET
Categories:  The Ticker  | Tags: Anheuser-Busch, Bud Light, Budweiser, InBev  
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Comments

Money keeps getting more scarce and the prices keep going up. To move more volume lower prices. To price yourselves out of business use GM model and then use the government as your sugar daddy. Small micro brewers make better beer. Open more breweries and drink GM off your minds.

Posted by: Dermitt | August 25, 2009 6:09 PM | Report abuse

Keep your imports. Global hijack pricing.
http://twitpic.com/tag/operation+homefront

Posted by: Dermitt | August 26, 2009 8:18 AM | Report abuse

Blame it on Obama! This is a low handed attempt by the Chablis sipping community organizer at retribution and payback against suds swilling Joe Sixpack and his guns and religion. When will America wake up? Oh, the hannity!

Posted by: CynthiaD1 | August 27, 2009 1:24 AM | Report abuse

The comments to this entry are closed.

 
 
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