AB InBev invests $159m in UK breweries
Budweiser Brewing Group is investing £115m ($159m) in two UK breweries to meet growing demand for off-trade beer sales.
The AB InBev subsidiary saw record sales level in the off-trade last year: with 19.6% growth in Q3 and 23.4% growth in Q4.
The investment will increase capacity by 3.6m hl (the equivalent of 630 million pints) and create 55 jobs in addition to the 1,000+ people already employed across the two sites.
A £72m ($99.5m) investment at the Magor Brewery in South Wales will see capacity increase by 1.6 million hl. A new bottling line was installed in 2020; and will be followed by eight new 8,000 hl fermenting units to increase brewing capacity this year. An improved wort cooler, beneficial for beer quality, which will also lead to significant energy savings of 40 million MJ a year. A total of 32 new jobs will be created in operational and management roles.