Prey becomes predator
BRAZIL'S BRAHMA BEER brand went global in 15 countries earlier this year, with its maker trusting that a sense of Brazilian ginga, or effortless flair, would prove to be its selling point. Companhia de Bebidas das Américas (AmBev) marketers expect that spontaneity and a South American sense of the exotic, not to mention a hint of papaya, will guarantee that Brahhma appeals to men and women alike. It is that sense of flair that has made AmBev one of a handful of Latin American companies to have achieved growth through acquisitions in the developed world. The benefits appear to be paying off.
Last August, AmBev merged with Belgium's Interbrew in an $11.2 billion deal to create InBev, the world's biggest brewer by volume a move that will eventually take AmBev's Brahma brand to 23 countries. It helped catapult AmBev to the top of the beer industry,...