Saturday, June 16, 2012
Friday, June 15, 2012
SAB is a minority partner. Their margins are lower than in their other businesses but the volumes are so massive that the business does very well for them. They've grown from 3 to 80 breweries through greenfield development and M&A, and they're fantastically positioned as a market leAder in rural areas and 2nd tier cities.
Thursday, June 14, 2012
Our visit with Meltwater showed very clearly for me the vast opportunity presented by markets in China, and that good old fashioned hard-work combined with talent drives a business's success here. The local sales team was clearly very capable and proud of the business it was developing for the company.