Ambev SA (NYSE:ABEV)

Consumer

Ambev SA is a Brazilian company engaged in the brewing business.

The brewing company claims to have exclusive rights to distribute, bottle and sell all Pepsi CSD products across Brazil.

Ambev is a successor of two Brazil-based brewing companies, Companhia Antarctica and Companhia Cercejaria Bramha. The present firm was incorporated on July 8, 2005.

The brewing company has business operations in over 18 countries, including Argentina, Canada, Chile, Uruguay, Paraguay, Cuba, Panama, Dominica, Saint Vincent and Brazil.

Anheuser-Busch InBev is the controlling shareholder of the firm that owns 62 per cent of the Ambev’s capital stock. The beer manufacturer provides different products under a family of brands, including:
• Brahma
• Skol
• Antarctica
• Labatt
• Quilmes
• President

It also produces carbonated soft drinks (CSD), non-alcoholic and non- carbonated (NANC) drinks, and sells and distributes beer across the Americas. Some other well-known products include Lipton Ice tea, H2OH!, Gatorade, draft beer, energy drinks, etc.

The brewing company claims to focus on sustainability across its business operations. As part of its sustainable goals by 2025, the company intends to include 100 per cent environment friendly packaging for the products, purchasing electricity from renewable resources, reducing carbon emissions by 25 per cent across its value chain, etc.

The Brazilian company also claims to operate through two innovation arms, namely Z-Tech and ZX Ventures. Through these innovation arms, the company reportedly focuses on developing products adjacent to its core beer business.

In addition, through Z-Tech, the company provides small and medium scale businesses with payment technology and marketplace solutions.

In 2020, its subsidiary Labatt Breweries acquired spirit and canned cocktail manufacturer, Goodridge and Williams distillery. Other significant subsidiaries include Bohemia, CRBS SA, Aspen Equities Corporation, Malteria Pampa SA, Cerveceria BBC SAS, Brasserie Labatt Ltd, Hohneck SA, Cerveceria y Malteria Paysandu SA and Companhia Cervecera Ambev Ecuador SA.