Ambev SA
ABEV3: BVMF (BRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
BRL 24.41 | Jlsp | Dwmpsvpxrl |
Ambev Remains the Crown Jewel in AB InBev's Footprint
Business Strategy and Outlook
Brahma, the Brazilian brewer, was the first foray into the consumer product manufacturing industry by private equity group 3G. In 2000, they merged two Brazilian brewers; Brahma and Antarctica, creating Ambev. The company has gone on to roll up brewers throughout Central and South America and holds several monopolylike positions in large markets, including an 81% volume share in Argentina, 68% in Brazil, and 61% in Peru.