Merger between AB inBev and SABMiller to be closed in October The headquarters of the group resulting from the merger between AB InBev and SABMiller will be located in Leuven (Flemish Brabant), the world's largest brewer announced on Thursday (4 August).
The global functional management office will be established in New York. Carlos Brito, CEO of AB InBev, will serve in the same function within the new group.
The combined group, which will be organized into nine geographical areas, "will operate on almost all the major beer markets and offer extraordinary growth opportunities in existing and new markets around the world," AB InBev states.
After the completion of the merger, the group plans to retain the offices of SABMiller in Woking (UK) during a transitional period for people working in integration and business continuity, "which would take full advantage of synergies and best practices while continuing to grow the business. "
The existing hubs of SABMiller in Miami, Hong Kong and Beijing are expected to disappear gradually in the months following the completion of the merger. SABMiller´s European hub in Zoug (Switzerland) will remain in the framework of the sales activities in Central and Eastern Europe.
The closing of the $ 100 billion merger between the two brewing giants, the largest ever in the consumer industry, is expected to take place on October 10.
The Brussels Times (Source: Belga)
