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Ab Inbev makes further acquisition in Australia

The Leuven, Belgium-based brewery group AB Inbev, owner of a number of iconic brands including Stella Artois, Budweiser and Corona, has followed up its acquisition of 4 Pines in September with the purchase of Pirate Life, a brewery established in Adelaide in 2015.

AB Inbev is set to invest $10 million in a new production line at the canned beer factory in response to growing domestic demand.