The AB InBev metal container plant operations include seven facilities across six US states and are said to be a “strategic component” of the business, enabling quality, cost efficiency, speedy innovation and supply security for its brands. It is also a crucial recruiter and economic driver within its regions.
The drinks group, which owns the likes of Budweiser, Corona Extra, and Stella Artois, repurchased the shares from a group of investors led and/or advised by affiliates of Apollo Global Management, Inc.
The reacquisition of a 49.9% stake in the US metal container plants will be funded with cash-on-hand and is expected to close in the first quarter of 2026.
The transaction is expected to be earnings per share (EPS) accretive in year one.
This follows news last month that AB In Bev is closing two breweries in the US and offloading one other.
The business said that these changes would enable it to invest more in its remaining operations and portfolio.
