Inbev SA
chief executive Carlos Brito said the brewer has India,
Latin America, Russia and China on its radar screen for
acquisition opportunities.
He mentioned Colombia and Mexico as specific targets within
Latin America. On general industry consolidation, Brito said the group
continues to monitor opportunities to 'increase or enhance' the group's
current global operations or enter into new markets.
He commented however that 95 pct of the group's resources are geared towards
managing current operations.
Brito said that the group continues its strategy to move with profitability
as one of the key criteria.
Separately, CEO Brito said the group respects the European
Commission's ruling last week on an illegal cartel in the Dutch beer market,
and added that Inbev has put in place measures to ensure its
operations fully comply with EU law.
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Source: Forbes
April 27,
2007
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