Wednesday, August 24, 2016 Quilmes set to invest 26.9 billion pesosLeading brewery company trumpets five-year plan during meeting with MacriBrewery Cerveceía y Maltería Quilmes — controlled by Leuven, Belgium-based Anheuser-Busch InBev — yesterday told President Mauricio Macri that it will invest 26.9 billion pesos (1.9 billion dollars) over the next five years in Argentina. Also, we will continue to invest in the the returnable glass bottles to increasingly consolidate a sustainable and environmental commitment,” Froes said after the meeting. The company plans to invest over 7.3 billion pesos in returnable bottles over the next five years. Quilmes — founded 126 years ago — is one of the region’s leading beverage companies. Its parent company Anheuser-Busch InBev includes global brands Budweiser, Corona and Stella Artois; international brands Beck’s, Leffe, and Hoegaarden; and Brazil’s Skol, Brahma and Antarctica.

Source: Bueno Aires Herald August 24, 2016 03:11 UTC