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Mergers & Acquisitions in De Biersector En De Rol

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Mergers & Acquisitions in De Biersector En De Rol MERGERS & ACQUISITIONS IN DE BIERSECTOR EN DE ROL VAN DE CORPORATE SOCIAL RESPONSIBILITY Aantal woorden: 21.042 Alexis Vannin Goran Merveillie Stamnummer : 01409804 Stamnummer : 01400016 Promotor: Prof. dr. Yves Fassin Masterproef voorgedragen tot het bekomen van de graad van: Master of Science in de Handelswetenschappen Academiejaar: 2017 – 2018 Deze pagina is niet beschikbaar omdat ze persoonsgegevens bevat. Universiteitsbibliotheek Gent, 2021. This page is not available because it contains personal information. Ghent Universit , Librar , 2021. Voorwoord Eerst en vooral willen wij onze promotor Professor Doctor Y. Fassin bedanken voor het vertrouwen om ons deze thesis te laten aanvatten. Daarnaast willen we hem ook bedanken voor de goede feedback die ons geholpen heeft deze duothesis tot een goed einde te brengen. Daarnaast willen we ook graag de tijd nemen om onze ouders te bedanken voor de steun die ze ons hebben geboden gedurende de volledige opleiding Handelswetenschappen. Evenzeer willen wij onze vrienden bedanken die ons een fantastische studententijd hebben bezorgd en die er ook altijd waren om ons te steunen. Tot slot mogen we elkaar ook niet vergeten. Dankzij de goede afspraken en een uitstekende samenwerking zijn we er samen in geslaagd deze masterproef te schrijven. II Inhoudsopgave VERTROUWELIJKHEIDSCLAUSULE/ CONFIDENTIALITY AGREEMENT ...................................................... I VOORWOORD ................................................................................................................................... II INHOUDSOPGAVE ............................................................................................................................ III LIJST VAN GEBRUIKTE AFKORTINGEN ................................................................................................. V LIJST MET FIGUREN .......................................................................................................................... VI LIJST MET TABELLEN ......................................................................................................................... VI 1. INLEIDING ..................................................................................................................................... 1 1.1 CORPORATE SOCIAL RESPONSIBILITY ........................................................................................................... 1 1.1.1 Algemeen / definitie ..................................................................................................................... 1 1.1.2 Donaldson and preston’s typology ............................................................................................... 1 1.1.3 Model van Caroll .......................................................................................................................... 1 1.1.4 Global Reporting Iniatitive (GRI) .................................................................................................. 3 1.1.5 Sustainable Development Goals (SDGs) ....................................................................................... 3 1.1.6 CSR toegepast in de biersector (EU) ............................................................................................. 4 1.2 FUSIES & OVERNAMES ............................................................................................................................. 5 1.2.1 Algemeen ..................................................................................................................................... 5 1.2.2 Bestaansreden M&As ................................................................................................................... 6 1.2.3 Geschiedenis van M&As ............................................................................................................... 7 1.2.3.1 Eerste golf: 1897-1904 .............................................................................................................................................8 1.2.3.2 Tweede golf: 1919-1929 ...........................................................................................................................................8 1.2.3.3 Derde golf: 1955-1970 .............................................................................................................................................8 1.2.3.4 Vierde golf: 1980-1990 .............................................................................................................................................9 1.2.3.5 Vijfde golf: 1993-2000 ............................................................................................................................................10 1.2.3.6 Zesde golf: 2003-2008 ............................................................................................................................................10 1.2.3.7 Zevende golf: 2011-... .............................................................................................................................................11 1.2.3.8 Overzicht ................................................................................................................................................................12 2. DOELSTELLINGEN ......................................................................................................................... 13 3. METHODOLOGIE .......................................................................................................................... 14 4. HISTORISCHE ACHTERGROND BEDRIJVEN ..................................................................................... 15 4.1. AB INBEV ........................................................................................................................................... 15 4.1.1 Interbrew .................................................................................................................................... 15 4.1.2 AmBev ........................................................................................................................................ 16 4.1.3 Anheuser-Busch .......................................................................................................................... 17 4.1.4 AB InBev voor SABMiller ............................................................................................................. 18 4.1.5 SABMiller .................................................................................................................................... 18 4.1.6 AB InBev & SABMiller ................................................................................................................. 19 4.1.7 Overzicht belangrijkste M&As AB InBev ..................................................................................... 21 4.2 HEINEKEN ............................................................................................................................................ 22 4.2.1 De Hooiberg ............................................................................................................................... 22 4.2.2 De eerste uitbreidingen .............................................................................................................. 22 4.2.3 Amstel ........................................................................................................................................ 23 4.2.4 Heineken en Europa ................................................................................................................... 23 III 4.2.5 Belangrijkste overnames ............................................................................................................ 23 4.2.6 Overzicht belangrijkste M&As Heineken .................................................................................... 24 4.3 MOLSON COORS ................................................................................................................................... 25 4.3.1 Molson Breweries ....................................................................................................................... 25 4.3.1.1 Carling O’Keefe .......................................................................................................................................................26 4.3.1.2 Bavaria & Kaiser ....................................................................................................................................................26 4.3.2 Coors........................................................................................................................................... 27 4.3.2.1 De jaren 1880 - 1960 ..............................................................................................................................................27 4.3.2.2 De jaren 1961 - 2005 ..............................................................................................................................................28 4.3.2.3 Bass Brewers ..........................................................................................................................................................29 4.3.3 Molson Coors .............................................................................................................................. 29 4.3.3.1 Miller Coors ............................................................................................................................................................29 4.3.4 Overzicht belangrijkste M&As Molson Coors ............................................................................
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