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Pilsner Urquell Brewery

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Plzeňský Prazdroj, a. s. ( pronounced [ˈpl̩zɛɲskiː ˈprazdroj a ˈɛs] ; Pilsner Urquell Brewery ) is a Czech brewery which opened in 1842 in Plzeň , Bohemia . It was the first brewery to produce a pale lager , branded as Pilsner Urquell , which became so popular and was so much copied that more than two-thirds of the beer produced in the world today is pale lager, sometimes named pils , pilsner and pilsener after Pilsner Urquell. The brewery name, Pilsner Urquell , which can be roughly translated into English as "the original source at Pilsen", was adopted as a trademark in 1898. Pilsner Urquell is the largest producer and exporter of beer in the Czech Republic.

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54-654: The brewery was part of the SABMiller group of companies from 1999 to 2017. As part of agreements with regulators before Anheuser-Busch InBev was allowed to acquire SABMiller in 2016, Pilsner Urquell was sold to Japan -based Asahi Breweries in 2017. The brewery was founded in 1839 by both local Czech -speaking and German -speaking citizens in Bohemian city of Plzeň as Bürgerbrauerei (citizens' brewery, later translated to Měšťanský pivovar in Czech). The first beer

108-466: A cultural monument. It includes the late Gothic malt house, kiln , original drying shed and two-level laying-down cellars with ice-cellar, which are hewn from the Plzeň substrata. The exhibition covers Plzeň's most ancient history, the development of crafts, the emergence and growth of the guilds, the beginnings and development of brewing, malting, the craft of cooper, haulage and catering. The tour includes

162-615: A joint venture to be known as MillerCoors . US antitrust regulators approved the joint venture on 5 June 2008. The merger was completed on 30 June 2008 and MillerCoors began operation as a combined entity on 1 July 2008. The combined venture was headquartered in Chicago , Illinois . Prior to the sale to Anheuser-Busch Inbev in October 2016, the brands included: Miller Lite , Miller Genuine Draft , Olde English 800 , Milwaukee's Best , Miller Chill , Hamm's , and Leinenkugel . As per

216-795: A joint venture to produce beverages in the United States . The company became engaged in the hostile takeover of Fosters in August 2011, and in September 2011 the board of Foster's agreed to a takeover bid valuing the company at A$ 9.9bn (US$ 10.2bn; £6.5bn). The deal was completed by the end of 2011, but excluded the Foster's lager brand in the UK and Europe, where it is owned by Heineken . In November 2011, SABMiller launched Impala Cervejas in Africa ,

270-415: A new UK -based holding company, SAB plc, and moved its primary listing to London. In May 2002, SAB plc acquired Miller Brewing , forming SABMiller plc. The acquisition of SABMiller by Anheuser-Busch InBev on 10 October 2016 ended the corporate use of the name SABMiller; this entity became a business division of Anheuser-Busch InBev SA/NV. Anheuser-Busch InBev SA/NV (abbreviated as AB InBev) began trading on

324-441: A number of sustainable development initiatives across its companies and in the countries in which it operates. They use new lightweight bottles that use 30 per cent less glass. The lightweight bottles are designed to not only reduce the amount of waste materials but also cut down on energy used in production and distribution reducing the company's carbon emissions. SABMiller submits to a number of third party annual reports that review

378-480: A partial buy-back from Tsogo Sun. SABMiller's stake at the time was valued at approximately ZAR11.7 billion (US$ 1.09 billion). In September 2014, the company made an unsuccessful attempt to acquire a controlling stake in Dutch rival Heineken International , a move Bloomberg states was part of SABMiller's strategy to protect itself from a potential takeover bid from Anheuser-Busch InBev . On 27 November 2014, it

432-474: A replica of a pub from the turn of the 19th and 20th centuries and a laboratory from the second half of the 19th century. The city walls have been opened with an example of the cultivation of barley and hops. The museum has become an anchor for the European Route of Industrial Heritage . Pilsner Fest is a two-day beer festival held each year by the brewery, with music by local bands on four stages in

486-652: Is a business division of AB InBev, a Belgian multinational corporation with headquarters in Leuven . SABMiller was founded as South African Breweries in 1895 to serve a growing market of miners and prospectors in and around Johannesburg . Two years later, it became the first industrial company to list on the Johannesburg Stock Exchange . From the early 1990s onwards, the company increasingly expanded internationally, making several acquisitions in both emerging and developed markets. In 1999, it formed

540-763: Is now a distinct entity, a direct subsidiary of Anheuser-Busch InBev SA/NV which had made commitments to the South African Competition Tribunal to maintain a stable employee level. The soft drink division was a large producer of products for The Coca-Cola Company in Africa, although operations in Zambia, Zimbabwe, Botswana, Swaziland and Lesotho were sold to the Coca-Cola Company in late 2016. According to recent reports, Coca-Cola paid $ 3.15 billion to acquire AB InBev's stake (from

594-453: Is one of the world's largest brewers, with brewing interests and distribution agreements across six continents. In August 2016, after the plans for acquiring SABMiller had been established by Anheuser-Busch InBev, the company said it would close SABMiller's regional offices in Miami , Hong Kong and Beijing after the acquisition deal closed in October 2016. Plans had not yet been revealed for

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648-579: Is owned by SABMiller." As per the agreement with the regulators, the former SABMiller sold to Molson Coors full ownership of the Miller brand portfolio outside of the U.S. and Puerto Rico for US$ 12 billion on 11 October 2016. Molson Coors also retained "the rights to all of the brands currently in the MillerCoors portfolio for the U.S. and Puerto Rico." The agreement made Molson Coors the world's third largest brewer. In Canada, Molson Coors regained

702-497: The Czech Republic since 2000 when production surpassed that of Budějovický Budvar . Pilsner Urquell has been brewed in the same brewery using the same recipe and traditional methods, like triple decoction and parallel brewing in wooden lagering barrels for over 175 years. A brewery museum ("Pivovarské muzeum") has been set up near the brewery in the authentic medieval brewing house with malt house, which has been declared

756-594: The Czech Republic , Slovakia , Hungary and Romania to Asahi for US$ 7.8 billion. The deal includes popular brands such as Pilsner Urquell , Tyskie , Lech, Dreher , Ursus, Timisoreana and Kozel. The breweries in the sale include Pilsner Urquell, Kompania Piwowarska , Ursus, Topvar and Dreher. SABMiller first entered the Latin American market with the acquisition of Cervecería La Constancia from El Salvador and Cervecería Hondureña in Honduras, making

810-621: The JSE Securities Exchange and the Johannesburg Stock Exchange ) is the largest stock exchange in Africa . It is located in Sandton , Johannesburg , South Africa , after it moved from downtown Johannesburg in 2000. In 2003 the JSE had an estimated 473 listed companies and a market capitalisation of US$ 182.6 billion (€158 billion), as well as an average monthly traded value of US$ 6.399 billion (€5.5 billion). As of March 2022,

864-831: The London Stock Exchange to raise capital for acquisitions, the group purchased the Miller Brewing Company in North America from the Altria Group in 2002, and changed its name to SABMiller. Following this, the group's next major acquisition was of a major interest in Bavaria S. A. , South America's second largest brewer and owner of the Aguila and Club Colombia brands in 2005. In 2008, SABMiller and Molson Coors created MillerCoors ,

918-589: The Matilda Bay Brewing Company portfolio. As part of the agreements made with regulators before Anheuser-Busch InBev was allowed to acquire SABMiller, the company sold the Peroni, Meantime and Grolsch brands to Asahi Breweries of Japan on 13 October 2016. After acquiring SABMiller, Anheuser-Busch InBev SA/NV agreed on 21 December 2016 to sell the former SABMiller Ltd. business in Poland ,

972-548: The market capitalisation of the JSE was at US$ 2.35 trillion. The discovery of gold on the Witwatersrand in 1886 led to many mining and financial companies opening and a need soon arose for a stock exchange. The first share transactions on the Rand took place in a rustic canvas tent, with trade taking place on Sundays, as this was the only day when mining was not allowed, owing to a strictly enforced regulation prohibiting

1026-479: The Anheuser Busch Inbev SA/NV as its Africa hub. Operations in some of the following regions may also be affected by the Anheuser Busch Inbev SA/NV owners in future. SABMiller's brewing operations in Africa spanned 31 countries. In China, the group's national brand, Snow beer , was produced in partnership with China Resources Enterprise Limited, with SABMiller owning 49 per cent; this is

1080-795: The Brussels Stock Exchange as ABI, as BUD on the New York stock exchange and as ANH on the Johannesburg market. SABMiller ceased trading on global stock markets The company divested itself of its interests in the MillerCoors beer company to Molson Coors . On 21 December 2016, the company agreed to sell the former SABMiller Ltd. business in Eastern Europe to Asahi Breweries . AB InBev had previously agreed to sell Grolsch Brewery , Peroni Brewery and Meantime Brewery to Asahi; that deal closed on 12 October 2016. On

1134-646: The JSE became a founding member of the United Nations Sustainable Stock Exchanges initiative on the eve of the United Nations Conference on Sustainable Development (Rio+20) . On 14 April 2014, the JSE re-branded to demonstrates the bourse's identity as a modern African marketplace that connects investors to growth opportunities not only in South Africa but globally. In May 2022, the JSE became

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1188-680: The JSE become an active member of the African Stock Exchanges Association. After 108 years, the open outcry system of trading was changed to an electronic system on 7 June 1996. In September 2000, the Johannesburg Securities Exchange moved to its present location in Sandton, Gauteng at the corner of Maude Street and Gwen Lane. It adopted the JSE Securities Exchange as its new official name. In 2001 an agreement

1242-484: The agreement with the regulators prior to the 2016 sale, the company sold to Molson Coors full ownership of the Miller brand portfolio outside of the U.S. and Puerto Rico for US$ 12 billion. Molson Coors also retained "the rights to all of the brands currently in the MillerCoors portfolio for the U.S. and Puerto Rico." Before the acquisition by AB InBev on 10 October 2016, the SABMiller brands included some classified by

1296-484: The basis that SABMiller "spins off all its MillerCoors holdings in the U.S. — which include both Miller- and Coors-held brands – along with its Miller brands outside the U.S." The entire ownership situation was complicated: "In the United States, Coors is majority owned by MillerCoors (a subsidiary of SABMiller) and minority owned by Molson Coors, though internationally it’s entirely owned by Molson Coors, and Miller

1350-480: The brewery was nationalized under the name Plzeňské pivovary (Plzeň breweries). After the fall of communism in late 1989, the brewery was turned into a public share company, then renamed in 1994 after the Czech name of their famous beer, Plzeňský Prazdroj . In 1999, they started to merge with Pivovar Radegast a.s. and Pivovar Velké Popovice a. s. . The brewery has been the largest exporter of beer produced in

1404-510: The committee. Policy decisions are made by the committee and carried out by a full-time executive committee headed by the executive president. The JSE is governed by its members but through their use of JSE services and facilities, these members are also customers of the Exchange. Each year the JSE must apply to the Minister of Finance for an operating license which vests external control of

1458-597: The company as "global beers", which are the flagships of SAB Miller: Foster's made in Australia, Pilsner Urquell from the Czech Republic, Tyskie made in Poland and Miller Genuine Draft . All of the Miller brands were sold to Molson Coors on 11 October 2016. Pilsner Urquell and Tyskie are among the brands being sold to Asahi Breweries . SAB Miller also owned over 150 market-leading local brands. The company

1512-679: The company the first international brewer to enter Central America. Since then, the group has expanded its Latin American operations into six countries, including Colombia , Ecuador , Panama and Peru . Lager brands include: Isenbeck ( Argentina ), Aguila, Club Colombia, Costeña, Poker, Pilsen (Colombia), Cristal, Pilsen Callao , Pilsen Trujillo , Cusqueña , Arequipeña (Peru), Pilsener, Club (Ecuador), Pilsener, Regia, Suprema, Golden Light (El Salvador), Port Royal, Salva Vida, Imperial, Barena (Honduras), Atlas (Panama), and Balboa (Panama). On 9 October 2007, SABMiller and Molson Coors announced

1566-563: The company's environmental record. The corporation provides links to such reports on their own website. Like many multinationals, SABMiller has attracted close scrutiny for its adherence to the corporate social responsibilities it espouses. One major study, undertaken by BioMed Central and published in 2013, examined the global CSR of three of the biggest manufacturers of alcohol - Pernod Ricard , SABMiller and AB InBev - and concluded it amounted to 'the illusion of righteousness'. Johannesburg Stock Exchange JSE Limited (previously

1620-471: The entry of African workers to the gold reefs. The Johannesburg Exchange & Chambers Company was established by a London businessman, Benjamin Minors Woollan and housed at the corner of Commissioner and Simmonds Streets. Out of this the JSE was born on 8 November 1887. What immediately gave the JSE a clear advantage over exchanges such as Kimberley, Barberton, and, most importantly, London,

1674-842: The exchange in the FSB . The JSE's fully automated (electronic trading) trading system is called the Millennium Exchange, which replaced the JSE TradElect system in 2012, which in turn had replaced the JSE SETS system in April 2007, which had replaced the JSE JET system in May 2002. The change to the Millennium Exchange involved moving the platform from London to a new platform housed in the JSE building in Johannesburg, thus speeding up

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1728-527: The execution of transactions. The JSE operates an order-driven, central order book trading system with opening, intra-day and closing auctions. In August 1997, the JSE launched the real-time Stock Exchange News Service (Sens) to enhance market transparency and investor confidence. Initially, it was optional for listed companies to use the service during its two-month trial period. From 15 October, augmented JSE listing requirements oblige companies to disseminate any corporate news or price-sensitive information on

1782-493: The first commercially produced cassava beer, although Africans have been making cassava home brews for generations. The taste is described as "somewhat bitter, somewhat tangy, not sweet". In 2013, the company joined leading alcohol producers as part of a producers' commitments to reducing harmful drinking. In July 2014, the company announced it was divesting its 39.6 per cent stake in casino and hotel group Tsogo Sun Holdings Limited through institutional share placements and

1836-454: The first exchange to come to market with a new service from provider xyt that would utilize peer group rankings to help trading firms explore market share and examine and view trading interactions and performance. It would be called JSE Trade Explorer. The JSE provides a market where securities can be traded freely under a regulated procedure. It not only channels funds into the economy, but also provides investors with returns on investments in

1890-504: The form of dividends. The exchange successfully fulfils its main function—the raising of primary capital—by rechannelling cash resources into productive economic activity, thus building the economy while enhancing job opportunities and wealth creation. The exchange is directed by an honorary committee of 16 people, all with full voting rights. The elected stockbroking members, who cannot number less than eight or more than eleven, may appoint an executive president and five outside members to

1944-599: The former SABMiller) in Coca-Cola Beverages Africa . In September 2011, the board of Foster's Group agreed to a takeover bid by SABMiller, valuing the company at A$ 9.9bn (US$ 10.2bn; £6.5bn). The Foster's Group, now known as Carlton & United Brewing was a direct subsidiary of Anheuser-Busch InBev SA/NV until July 2020 when it was sold to Asahi Global. Brands include: Carlton Draught , Cascade Draught (see Cascade Brewery ), Foster's Lager , Melbourne Bitter , Pure Blonde , Victoria Bitter , and

1998-458: The group. A tentative deal was announced on 13 October 2015. The US$ 107 billion merger between AB InBev and SABMiller closed on 10 October 2016. The new company, Anheuser-Busch InBev SA/NV is now the world's largest beer company. The target annual sales for the new company is US$ 55 billion. During the merger discussions between Anheuser-Busch InBev and SABMiller in 2015, the U.S. Department of Justice (DOJ) had agreed to proposed deal only on

2052-873: The leading brand by volume in China. Before acquiring SAB Miller, AB InBev had agreed to sell its interests in Snow to China Resources Beer (Holdings) Co for $ 1.6 billion to satisfy regulators. The deal closed on 12 October 2016. SABMiller was the second-largest brewer in India and had joint ventures in Vietnam and Australia . South Africa was SABMiller's most established market with brands including Castle Lager , Castle 1895, Castle Milk Stout, Hansa Marzen Gold, Hansa Pilsener, Carling Black Label , Carling Blue Label, Castle Lite, Redd's, Peroni , Brutal Fruit, Flying Fish, Liberado, and Carver's Weiss. The South African Breweries company

2106-627: The operation in Zug, Switzerland which controlled SABMiller's central & eastern European beer brands. However, the subsequent sale of much of the business in such countries to Asahi Breweries may affect the Zug operation. The office in Woking (UK) was expected to remain open for a transitional period but the HQ in London's Stanhope Gate would close. The office in Johannesburg was expected to remain open for use by

2160-451: The proposed venture. In May 2015, SABMiller announced it would acquire British brewery company Meantime Brewing for an undisclosed fee. On 16 September 2015, Anheuser-Busch InBev made the acquisition bid for SABMiller that would unite the world's two biggest beermakers and control about half the industry's profit. The deal, however, would need to go through several regulatory hurdles which would require certain operations to be spun off

2214-463: The right (from the former SABMiller) to make and market Miller Genuine Draft and Miller Lite. The company agreed to sell the former SABMiller Ltd. business in Eastern Europe to Asahi Breweries . This deal closed on 21 December 2016. Anheuser-Busch InBev had previously agreed to sell Grolsch Brewery , Peroni Brewery and Meantime Brewery to Asahi; that deal closed on 12 October 2016. On

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2268-466: The same day, the sale of SABMiller's 49 per cent share in Snow beer to China Resources Enterprise also closed. In July 2020, ABI-InBev agreed to sell the former SABMiller business Carlton & United Brewing to Asahi. SABMiller grew from its original South African base into a global company with operations in both developed markets and emerging economies such as Eastern Europe, China and India . It

2322-646: The same day, the sale of SABMiller's 49 per cent share in the world's largest volume beer brand, Snow beer to China Resources Enterprise was also closed. Anheuser-Busch InBev SA/NV is also selling much of an SABMiller's subsidiary that was bottling and distributing Coca-Cola to the Coca-Cola Company . The affected regions include Zambia , Zimbabwe , Botswana , Swaziland , Lesotho , El Salvador and Honduras . Companies such as South African Breweries and Carlton & United Brewing that were subsidiaries of SABMiller, and were not sold after SABMiller

2376-481: The service prior to using any other media outlet. Sens is carried by all the major wire services . Since its inception over ten years ago, Strate (Pty) Ltd has become the licensed South Africa's Central Securities Depository (CSD) for the electronic settlement of financial instruments in South Africa. Strate's stated core purpose is to mitigate risk, bring efficiencies to South African financial markets and improve its profile as an investment destination. Strate handles

2430-718: The settlement of a number of securities, including equities and bonds for the Johannesburg Stock Exchange (JSE), as well as a range of derivative products such as warrants, exchange-traded funds (ETFs), retail notes and tracker funds. It has now added the settlement of money market securities to its portfolio of services. It provides services to issuers for their investors in terms of the Companies Act and Securities Services Act (SSA), 2004. JSE's normal trading sessions are from 9:00am to 5:00pm on all weekdays except Saturdays, Sundays and holidays declared by

2484-656: The town. SABMiller SABMiller plc was a Anglo-South African multinational brewing and beverage company headquartered in Woking , England on the outskirts of London until 10 October 2016 when it was acquired by AB InBev for US$ 107-billion. It was the world's second-largest brewer measured by revenues (after Anheuser-Busch InBev) and was also a major bottler of Coca-Cola . Its brands included Foster's , Miller , and Pilsner Urquell . It operated in 80 countries worldwide and in 2009 sold around 21 billion litres of beverages. Since 10 October 2016, SABMiller

2538-481: The trading hall became too small and had to be rebuilt but this too was outgrown. Trading then moved into the street. The Mining Commissioner closed off Simmonds Street between Market Square and Commissioner Street by means of chains. In 1903, a new building was built for the JSE on Hollard Street. It was a storey building that took up an entire whole city block bounded by Fox and Main, Hollard and Sauer Streets. After World War II , it became apparent that this building

2592-597: Was acquired by Anheuser-Busch InBev SA/NV, are now subsidiaries of AB InBev. CUB was sold to Asahi in July 2020. The origins of the company date back to the foundation of South African Breweries in 1895 in South Africa. For many decades, the operations of South African Breweries were mainly limited to southern Africa, where it had established a dominant position in the market during South African Apartheid, until 1990 when it began investing in Europe . In 1999, after listing on

2646-548: Was again inadequate and in 1947 the decision was made to rebuild the stock exchange. It took 11 years before construction began and in February 1961 the second exchange at Hollard Street was officially opened. By 1963, the JSE became a member of the Federation International Bourses de Valeurs (FIBV). In 1978, the JSE took up residence at 17 Diagonal Street near Kerk Street, Johannesburg . 1993 saw

2700-435: Was announced that SABMiller, The Coca-Cola Company and Gutsche Family Investments had agreed to combine the bottling operations of their non-alcoholic ready-to-drink beverages businesses in southern and east Africa. The new bottler, Coca-Cola Beverages Africa , will serve 12 high-growth countries accounting for approximately 40 per cent of all Coca-Cola beverage volumes in Africa. SABMiller will hold 57 per cent shareholding in

2754-537: Was brewed here in 1842 by Bavarian brewer Josef Groll . In 1859, “Pilsner Bier” was registered as a brand name at the local Chamber of Commerce and Trade. In 1869, a competitor was founded as a joint stock company, later known as Gambrinus . In 1898 the German trademark Urquell and Czech trademark Prazdroj were created, to underline the claim of being the older, original source of Pilsner beer. In 1932 Měšťanský pivovar merged with Plzeňské akciové pivovary . In 1946,

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2808-487: Was one of the world's largest Coca-Cola bottlers and had carbonated soft-drink bottling operations in 14 markets. These were subsequently owned by the new Anheuser-Busch InBev SA/NV entity which is also a PepsiCo bottler. In December 2016, Coca-Cola Co. bought the Coca-Cola operations in Africa and in two Central American countries. The deal requires regulatory approval and should close by the end of 2017. SABMiller runs

2862-511: Was struck with the London Stock Exchange enabling cross-dealing between the two bourses and replacing the JSE's trading system with that of the LSE. In 2009 the JSE acquired the Bond Exchange of South Africa for R240 million and rebranded it the JSE debt market adding South African government and corporate bonds as well as interest rate derivatives to its product set. On 18 June 2012,

2916-465: Was that listing of companies for a quotation on the Official List of the JSE was an easy and relatively cheap procedure. This relatively simple and non-restricting nature of the early Exchange promoted a wave of initial registrations on the Official List, with 68 companies by the end of November 1887. The Official List further expanded to more than 300 companies by the end of January 1890. By 1890

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