{ "schemaVersion": 1, "organisationId": "O-bfd4dccd95fb4702bb9db69e467b4f24", "slug": "ambev-s-a", "name": "AMBEV S.A.", "updatedAt": "2026-09-28T12:32:54.396606Z", "sections": [ { "type": "OVERVIEW", "text": "Ambev S.A. is a beverage company that produces, distributes and sells beer, soft drinks and other alcoholic and non-alcoholic beverages. Its portfolio includes beer brands such as Brahma, Skol and Antarctica, as well as Guaraná Antarctica and Pepsi among its non-alcoholic offerings. [P165580198][P165581857][P165580263]\n\nAmbev operates directly in 11 countries across the Americas. It reports its business in four geographic segments: Brazil; Central America and the Caribbean; Latin America South; and Canada. Its stated purpose is to “Dream Big to Create a Future with More Cheers.” In 2025, it reported net sales of R$88.2 billion and had 39,606 employees at year-end. [P165580198][P165580199][P165580234][T19313965][P165580949]\n[P165580198][P165581857][P165580263][P165580199][P165580234][T19313965][P165580949]", "updatedAt": "2026-09-28T12:32:54.396606Z" }, { "type": "PRODUCTS", "text": "Ambev’s beverage portfolio spans beer, other alcoholic drinks and non-alcoholic beverages. In Brazil, its beer brands include Skol, Brahma and Antarctica, alongside Budweiser, Corona and Stella Artois. Its “beyond beer” products include the Beats family and Mike’s; in Canada, the portfolio includes NÜTRL, Cutwater and Palm Bay. Ambev also offers Corona Cero, a non-alcoholic beer with added vitamin D, and Stella Artois Pure Gold, a low-calorie, gluten-free beer. [P151298035][P151298039][P151298537]\n\nIts non-alcoholic products include Guaraná Antarctica soft drinks, Pepsi-Cola, H2OH!, Gatorade, Lipton Iced Tea and Fusion energy drinks. Ambev bottles, sells and distributes several PepsiCo brands in Brazil under an exclusive agreement, and distributes Red Bull there under a separate exclusive agreement. Carbonated soft drinks accounted for approximately 54% of its Brazilian non-alcoholic beverage unit volume in 2024. [P151298042][P151298044][P151298189]\n\nAmbev also operates BEES, a business-to-business ordering and marketplace platform with product suggestions, order tracking and customer support, and Zé Delivery, a direct-to-consumer delivery platform in Brazil. In 2024, Brazil beer generated 45.0% of consolidated net sales and Brazil non-alcoholic beverages generated 9.4%; these figures do not represent a company-wide beer-versus-non-alcoholic split. [P151298013][P151298010][T17381699]\n[P151298035][P151298039][P151298537][P151298042][P151298044][P151298189][P151298013][P151298010][T17381699][T17381699]", "updatedAt": "2026-09-28T12:32:54.396606Z" }, { "type": "GEOGRAPHY", "text": "Ambev’s operations are organized into four geographic segments: Brazil; Central America and the Caribbean, comprising the Dominican Republic, Cuba, Guatemala and Panama; Latin America South, comprising Argentina, Bolivia, Paraguay, Uruguay and Chile; and Canada. The company reports beverage production, distribution and sales across 11 countries in the Americas. Its registered office is in São Paulo, Brazil. [P165580198][P165580199][P165580200][P165580201][P165580202][P165580203][P165581249]\n\nIn 2025, Brazil generated R$49.0 billion, or 55.6%, of Ambev’s net sales. Latin America South contributed R$18.0 billion (20.4%), Central America and the Caribbean R$11.0 billion (12.4%), and Canada R$10.3 billion (11.6%). Ambev reported 39,606 employees at year-end 2025: 24,012 in Brazil, 8,174 in Latin America South, 4,091 in Central America and the Caribbean, and 3,329 in Canada. [T19313968][T19314092]\n[P165580198][P165580199][P165580200][P165580201][P165580202][P165580203][P165581249][T19313968][T19314092][T19314092][T19314092][T19314092][T19314092]", "updatedAt": "2026-09-28T12:32:54.396606Z" }, { "type": "SEGMENTS", "text": "Ambev reports four geographic business segments: Brazil, Central America and the Caribbean (CAC), Latin America South (LAS), and Canada. Based on 2025 net sales, Brazil contributed approximately 56% of the total, LAS 20%, CAC 12%, and Canada 12%. [P165581974]\n\nBrazil covers beer and non-alcoholic beverages; Ambev also presents these as separate Brazil Beer and Brazil NAB categories, which accounted for approximately 82% and 18% of Brazil’s 2025 net sales, respectively. [P165581984] CAC covers the Dominican Republic, Cuba, Guatemala and Panama, while LAS covers Argentina, Bolivia, Paraguay, Uruguay and Chile. [P165580525][P165580526] The Canada segment encompasses Ambev’s Canadian beer and other beverage operations. [P165580429][P165580469]\n[P165581974][P165581984][P165580525][P165580526][P165580429][P165580469]", "updatedAt": "2026-09-28T12:32:54.396606Z" }, { "type": "HISTORY", "text": "Ambev traces its roots to two Brazilian brewers: Antarctica, founded in 1885, and Brahma, founded in 1888. Their combination was announced in 1999, with the final exchange of Brahma shares for Ambev shares completed in 2000. [P151297922][https://www.just-drinks.com/news/brazil-ambev-announces-the-completion-of-the-combination-of-brahma-and-antarctica/]\n\nIn the early 2000s, Ambev acquired a stake and joint control in Quinsa, extending its presence across several South American markets. In 2004, it combined with Interbrew in a transaction that brought Canadian brewer Labatt into Ambev; Interbrew subsequently became InBev. Ambev increased its Quinsa interest to 91% in 2006. [P151297925][P151297926][P151297928] The present Ambev S.A. legal entity was incorporated in 2005. A 2013 share exchange made its predecessor, Old Ambev, a wholly owned subsidiary and established Ambev S.A. as the continuing listed company. 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