BUD

Anheuser-Busch InBev SA/NV is the world's largest beer company, producing, marketing, and distributing a portfolio of over 500 beer brands including Budweiser, Stella Artois, Corona, Beck's, Hoegaarden, Leffe, and many regional and local brands. The company operates breweries and distribution networks across six continents, serving consumers in nearly every country globally. AB InBev was formed through the 2008 merger of InBev and Anheuser-Busch, creating an unrivaled global beer powerhouse controlling approximately 25% of global beer market share. Headquartered in Leuven, Belgium, AB InBev pursues aggressive cost reduction, operational efficiency, premiumization strategies, and market share growth. The company generates massive cash flows deployed toward debt reduction, dividends, and acquisitions. AB InBev has faced challenges including high debt levels from acquisitions (particularly SABMiller in 2016), declining beer consumption in key markets, craft beer competition, and public controversies. The company has sold non-core assets, reduced debt, and refocused on priority brands and markets. AB InBev benefits from unmatched scale, brand portfolios, and distribution capabilities. The company continues to invest in premiumization, beyond-beer beverages, and direct-to-consumer channels.