AmBev Closes Plant

AmBev, the Latin American arm of brewing giant Anheuser-Busch InBev, has announced that it is to close a factory in the state of Sao Paulo and shift production to its other plants in the state. Although AmBev insists that the decision has been taken on cost grounds and its volumes will not be impacted, BMI believes the move is partly a response to a reduced rate of growth being recorded in the beer sector, and industry developments that have had a disproportionately adverse impact on the

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