Anheuser-Busch completes acquisition of Indian brewery
ST. LOUIS Anheuser-Busch reported that it will purchase the remaining 50% ownership of the Crown Beers India Ltd. joint venture from its partner, Crown International. The acquisition includes the joint venture's 500,000-hectoliter brewery in the southern city of Hyderabad.
In addition to Budweiser, Anheuser-Busch will continue brewing and distributing Armstrong, a premium strong beer developed specifically for the Indian beer market.