Urgent.News

What's breaking now, across thousands of outlets.

Business

Mahou, Damm, Estrella Galicia y Cruzcampo aceleran en el exterior

Las exportaciones de cerveza española crecieron un 8% el pasado año, hasta 3,64 millones de hectolitros. El negocio internacional ya supone entre el 20% y 30% de sus ventas. Leer

Original Spanish Read in English

Mahou, Damm, Estrella Galicia and Cruzcampo are expanding internationally. Spanish beer exports grew by 8% last year to 3.64 million hectoliters, making up 20-30% of their sales. Spanish breweries are accelerating their international venture due to falling domestic consumption. Hijos de Rivera, which owns Estrella Galicia, recently opened a factory in Germany, a strategic market with growth potential.

The German market is the only one in Europe larger than Spain's beer production (83.9 million hectoliters vs 41.5 million Spanish). The UK and the UK are the main sources of international tourists to Spain, accounting for 30% of national beer consumption. Mahou San Miguel focuses on its own brands, strategic alliances, and local business development, recently launching a non-alcoholic drink Vamos in Egypt.

Damm has significantly increased its international sales, now representing nearly 30% of total sales. Their strategy includes local production facilities and targeting the Mediterranean lifestyle and gastronomy.

Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

Agent AI, European account and sovereign debt threaten bank deposits

Investment banking predicts more struggle for client resources and higher costs. CaixaBank and Unicaja have the largest proportion of non-remunerated money on their balance sheet.

  • European AI agents, like Meta's Muse, could redirect bank deposits to more profitable options
  • Spain holds the largest proportion of non-interest-bearing deposits among European banks
  • Sovereign debt yields, including Spain's, now offer competitive, risk-free returns

More from Friday 23 October →