AB InBev will buy back its 49.9% stake in U.S. metal container plants from Apollo Global Management for approximately $3 billion, exercising a predetermined repurchase option established in 2020. The transaction, covering seven plants across six states, is expected to close in the first quarter of 2026.
"This repurchase ensures quality, cost efficiency, speed of innovation and supply security," the company stated, highlighting benefits amid aluminium tariffs reaching 50% under President Trump's trade policies. The move provides vertical integration advantages as beer faces market share pressures from spirits.
The reacquisition strengthens supply chain control for the parent company of Stella Artois, Budweiser, and Corona, while potentially supporting U.S. manufacturing jobs.