Novedades - CUB Carlton & United Breweries Limited, Cascade Brewery

Novedades - CUB Carlton & United Breweries Limited, Cascade Brewery

CUB Carlton & United Breweries Limited, Cascade Brewery

Novedades - CUB Carlton & United Breweries Limited, Cascade Brewery

19.03.2018

Australia: AB InBev's Carlton and United Breweries to invest heavily in its Cascade brewery  (E-malt.com)

Australia’s Carlton and United Breweries, part of AB InBev, has announced a A$10.3 mln (US$8 mln) capital investment in Cascade to create a ‘craft brewing hub’ for the Asia Pacific region, BeverageDaily.com reported on February 27.

The investment will significantly increase Cascade’s brewing capability at its Tasmania base and ‘launch Cascade as one of Australia’s leading craft breweries’, according to the company. Production will increase by 65%.

“Cascade will expand its craft brewing options, including brewing experimental beers for our Australian and Asia Pacific region operations,” says Carlton and United Breweries.

“It will also brew a number of beers from some of the world’s leading craft brands.”

Established in 1824, Cascade Brewery Co is Australia’s oldest brewery, and uses Tasmanian water from Mount Wellington and Tasmanian grown hops and barley.

Carlton and United Breweries says the investment demonstrates its long-term commitment to the brand and to Tasmania, with the expansion securing existing jobs and creating five full-time positions.

The Tasmanian Government made a A$1 mln contribution to the upgrade.

Beers brewed at Cascade will be distributed across Australia, as well as being exported to Asia Pacific.

Anita Holdsworth has been appointed as Cascade’s brewery manager: the first female to hold the position.

07.10.2013

Australia: Carlton & United Breweries to double sales of its relaunched craft beer portfolio  (E-malt.com)

Australia’s second largest brewer, Carlton & United Breweries, wants to double sales of its relaunched Cascade craft beer portfolio within four years as it begins an assault on the booming niche market it has failed to leverage for a decade, Financial Review reported on October 3.
After arresting the decade-long decline in the nation’s biggest beer, VB, SABMiller wants to resuscitate earnings in the craft category – a market that has been in double digit growth for years, but a sector in which CUB previous management acknowledged they had under-invested.
SABMiller bought CUB parent Foster’s Group for A$12.3 billion in December 2011.
Cascade was launched a month ago and officially unveiled at its Cascade brewery in Hobart on October 2. Cascade Brewery Co brand manager Louise Thiele said CUB had neglected Cascade, underpinning a sales decline of 10 per cent year-on-year for five years.
The new lower alcohol content Cascade Premium Lager, pale ale and the new bright ale beers feature the brewery, the oldest in Australia, on the label and are sold in brown rather than green bottles.
“We are already seeing some positive [sales] signs,” Ms Thiele said.
Lion’s James Squire beer has a 31 per cent share of the market compared with about 4 per cent for Cascade.
CUB sells about 500,000 cases of Cascade’s craft beers, excluding its premium light. It hopes its vintage rebrand can increase sales to 1 million cases by 2017.
Lion, owned by Japan’s Kirin, also owns Little Creatures and controls about half the nation’s craft beer sales. Ms Thiele said Cascade was taking on Squires.
“CUB focused on brands we didn’t own outright,” Ms Thiele said. “We had lost focus – we absolutely admit that.”
Craft beer sales make up about 2 per cent of all beer sales, but 3.5 per cent of revenue.
The beer market has slipped 1.8 per cent in the past 12 months and beer consumption is at its lowest level in 66 years. Consumers are drinking less, but more expensive, beers.

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