Since Beringer's was acquired by the Foster's group in 2000, it has done remarkably well. In fiscal year 2001, its sales for the combined wine division more than doubled to $1,359.7 million. Case shipments of wine went up by more than 20% in the U.S., Canada, and the United Kingdom. The return on capital employed (ROCE) was 13%-15%. In fiscal year 2002, Beringer Blass's earnings before interest, tax, and amortization (EBITA) contribution was $486.6 million, up 20.1% over FY 2001. Global volumes increased 25.8% to nearly 17 million 9-liter cases shipped. Wine trade EBITA rose by 36% over FY 2001 from $294.8 million to $401.0 million.
Foster's financial performance since the Beringer acquisition reflects Foster's increased presence as a global concern in the beer and wine industry. Successfu
Related Essays
Foster's Group Performance.... Foster's financial performance since the Beringer acquisition reflects Foster's increased presence as a global concern in the beer and wine industry. .... (539 2 )
Mergers & Acquisitions in the Global Drinks Industry.... substantial consolidation that has already taken place, merger and acquisition activity in .... The combining of Foster's Group and Beringer Blass resulted in .... (4136 17 )
2 
)
= 539
= 2 (250 words per page)
