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Ambev Expands into the Caribbean

By Sarah de Sainte Croix, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – Brazilian beverage giant, Ambev, announced on Monday that it had entered into a strategic alliance with the Dominican Republic’s biggest company, E. Leon Jimenes SA (ELJ), to form the leading beverage company in the Caribbean. Their combined business operations will include beer, malt and soft drinks in the Dominican Republic, Antigua, St. Vincent and DR, as well as exports to sixteen countries throughout the Caribbean, the U.S. and Europe.

The deal unites two titans of the Western Hemisphere’s beverage markets. ELJ is headquartered in Santiago . . .

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