World's biggest brewer Anheuser-Busch InBev buys Pirate Life
by Simon Evans
The world's biggest beer company, Anheuser-Busch InBev, has continued its acquisition spree of smaller craft brewers in Australia, this time snapping up the Pirate Life operations in Adelaide.

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It comes just two months after AB InBev bought Sydney craft beer company 4 Pines, as the global giant accelerates in a craft beer sector that is growing much faster than the stagnant mainstream beer industry.

AB InBev already owns the Carlton & United Breweries business in Australia that makes Victoria Bitter and Carlton Draught.

AB InBev's president of Asia Pacific South, Jan Craps, said on Thursday that the company would also inject $10 million into Pirate Life for a new brewery for the brand because it had outgrown its facilities in the inner western suburb of Hindmarsh in Adelaide.

Read more: http://www.afr.com/business/retail/f...0171129-gzvpft