date:Feb 25, 2019
duction and sale of instant tea beverage Teavana in the United States and started its non-beer business. In 2017, it acquired Hiball, an organic energy beverage brand, to expand its non-alcoholic beverage business.
In 2018, Carlos Brito, CEO of Budweiser InBev, said that by 2025, 20% of its sales would come from its low-alcohol or non-alcoholic product portfolio.
However, the deal with Cutwater marks a strategic shift, as the world's largest brewery aims to achieve growth in the spirits marke