|Traded as||BM&F Bovespa: ABEV3
|Predecessor||Companhia Cervejaria Brahma
Companhia Antarctica Paulista
|Headquarters||São Paulo, Brazil|
|Bernardo Paiva, (Chairman & CEO)|
|Products||Beers and Soft drinks|
|Revenue||US$ 14.7 billion (2013)|
|US$ 4.8 billion (2013) |
Number of employees
|Subsidiaries||Cervecería Nacional Dominicana|
Ambev, formally Companhia de Bebidas das Américas (official English translation: "Americas' Beverage Company", hence the name "Ambev", formerly styled as "AmBev") is a Brazilian brewing company. It is the biggest brewery in Latin America and the fifth in the world. It was created on July 1, 1999, with the merger of two breweries, Brahma and Antarctica. The merger was approved by the Board of Directors of the Brazilian Administrative Council for Economic Defense (CADE) on March 30, 2000. The headquarters are in São Paulo, Brazil.
Ambev operates in 14 countries in the Americas and its portfolio includes beers like Antarctica, Bogotá Beer Company, Brahma, Bohemia, Skol, Stella Artois and soft drinks like Guaraná Antarctica, Soda Antarctica, Sukita and the innovations H2OH! and Guarah. As the largest PepsiCo bottler outside United States, it sells and distributes PepsiCo products in Brazil and other Latin American countries, includes Pepsi, Lipton Ice Tea and Gatorade by agreement of franchising.
According to an analyst at Share Market Updates, in October 2016, the company operates "through Latin America North, Latin America South, and Canada segments. It offers beers primarily under the Skol, Brahma, and Antarctica brands. The company also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, and ready-to-drink teas under the Guaraná Antarctica, Guaraná Antarctica Black, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Monster, Red Rock, Pepsi-Cola, and Seven Up brands." Ambev S.A. is a subsidiary of Interbrew International B.V. which is a subsidiary of Anheuser-Busch InBev SA/NV.
Following the creation of AmBev on March 3, 2004, the company's remit as a subsidiary grew into North America, with Interbrew acquisition, Labatt and the name was expanded to its present long form.
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