Latin American Brewing Will Continue To Consolidate Around Heineken, SABMiller and ABI

Within the major countries of Latin America the beer sector is highly concentrated, with AmBev dominant in Brazil and Argentina (as well as in Bolivia, Paraguay and Uruguay ), SABMiller dominant in Colombia and Peru (as well as Ecuador and Panama), Heineken and Grupo Modelo sharing control of Mexico and CCU dominant in Chile. With Anheuser Busch InBev (ABI) holding a 63% stake in AmBev and a 50% stake in Grupo Modelo and Heineken holding a 33% stake in CCU this means that three firms - ABI, SABMiller and Heineken - are dominant in the region and there is a

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