date:Apr 09, 2013
s investment in capacity expansion into Brazil and China. Brito, who spearheaded a bid for Mexicos Grupo Modelo SAB, said the growth potential of the beer market in China was humongous, with per-capita consumption levels of the beverage much lower than elsewhere in the world.
The beermaker plans to build breweries in western China over the next three years and will focus on expanding beyond the coastal provinces, the CEO said.
AB InBev made an unsuccessful bid to buy Guangdong, China- based Ki