Japan’s Kirin in talks to further investment in Indian craft beer maker Bira

Bottles of Bira beer at a liquor store in Mumbai, India. With five breweries in India, Bira says its beer is available in 500 towns and cities in 15 countries. | REUTERS

Japanese beverages firm Kirin Holdings is in talks to invest $70 million in Indian craft beer maker Bira, sources have said, doubling down on the fast-expanding South Asian market at a time when it is facing pressure on growth at home. Kirin, which first invested $30 million in Bira for an under 10% stake last

Sapporo U.S.A. to acquire Stone Brewing as it moves to speed up global expansion

Stone Brewing Co.'s Escondido Brewery in California | SAPPORO BREWERIES

Sapporo U.S.A., a subsidiary of the major Japanese beer-maker, on Friday announced a $168 million acquisition of Stone Brewing, an iconic U.S. craft brewery. The acquisition, slated to close in August, will create “strength and growth potential for both brands,” the companies said in a statement. Sapporo’s move is part of the company’s efforts to

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