Ricardo Guimarães: InBev Rolls Out New Growth Startegy

The new growth strategy of Ansheuser-Busch InBev has been released by the company. InBev seeks to increase sales on the American market while competitor producers of craft beers in the United States worry that it may become more difficult to compete in the retail space, say Ricardo Guimarães, President of BMG Bank.

InBev plans to offer large financial incentives to distributors who concentrate their sales of beer to Budweiser and Budlight, say Ricardo Guimarães, President of BMG Bank. The incentives would come in the form of annual disbursements, in the range of 1.5 million dollars, for those vendors in which the sale of InBev products corresponds to 98% of total sales. Incentives would also be available for vendors in which the sale of InBev products corresponds to 95% of total sales of beers produced only by InBev. In such a scenario, the establishment would receive a cash disbursement to cover up to half of its annual marketing cost

Ricardo Guimarães, who is President of BMG Bank, cites that AB InBev estimates that the cost of all vendors who enroll in the incentive program would amount to 200 million dollars annually for the company. This estimate was disclosed in the companies plan that was launched at its operational headquarters located in the United States, in St. Louis, during a conference with Americans distributors. AB InBev reports a decline in its production of beer which correlates with a 4% loss of market share among American beers. The loss of market share started in 2008 when Anheuser-Busch Companies was sold.

In addition to the newly announced incentive program, AB InBev is finalizing plans to buy British brewery SABMiller PLC, a business that has annual revenues of 108 million dollars, cites Ricardo Guimarães, President of BMG Bank. Both the new incentive plan for vendors, which InBev describes as voluntary, and the targeted acquisition of SABMiller signal the potential loss of market-share by InBev’s competitors. According to other craft producers, AB InBev’s incentive program could strongly improve the companies market share and hinder the sale of competitive craft beers by some of the largest distributors in the United States. Also, it was reported by the Wall Street Journal, the moves made by InBev could make it increasingly difficult for the distribution of competing beers in in the American retail market. Ricardo Guimarães, of BMG Bank, notes that the Justice Department of the United States has opened an investigation into InBev’s plans in order to decide what impact the companies new incentive plan and brewery acquisition would have on competing American craft breweries in the United States.

Ricardo Guimarães is a successful entrepreneur, heir and executive of BMG Bank. He is the son of Flávio Pentagna and has been involved in the family business since 1998. Under the leadership of Ricardo, BMG Bank has gained recognition as a leader in personal loans and payroll loans in Brazil.

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Dick DeVos Owned Windquest Approved For Liquor License

 

The craft alcohol industry has been one of the successes of the food and beverage industry in the 21st century. The growth of craft brewers and distillers has now attracted billionaire investor Dick DeVos to the industry with his Windquest Group purchasing the Michigan based Coppercraft Distillery. An initial application has already been approved for the Coppercraft liquor license to be transferred to Windquest as the distillery founder, Walter Catton III plots the next steps in the progress of the gin and rum producer, MLive reports. 

Prior to the major investment from the Dick and Betsy DeVos owned Windquest Group the Coppercraft Distillery had already been growing at a fast rate since it was established in 2013. The gin and rum producer located in the Holland Township, Michigan has already been producing alcoholic beverages for more than 100 customers in the area surrounding the distillery, but Catton III has big plans for the future. The chance to expand to provide a wider range of drinks excites the founder who has already discussed the opportunity to develop a range of craft beers and wines.

Dick has a long history of success in his private and business lives, which includes the gathering of a fortune of more than $5 billion through his work with the AmWay Group. During his time with AmWay DeVos worked in a range of different positions, including head of international business and President. Before retiring as President in 2002 the work of the globally recognized company had shifted to include the latest technology DeVos identified as providing a successful future for the family business.

Dick DeVos has since looked to work philanthropically alongside his wife, Betsy in their own charitable foundation providing assistance to a range of groups in the U.S. and across the globe. The Dick and Betsy DeVos Foundation has played an important role in expanding the work of the Kennedy Center for the Arts to include new buildings and programs.

Further steps have to be taken to complete the approval of the liquor license for Windquest Holdings, but a final decision should be made within six months to allow liquor to be produced under the Windquest brand. Expanding the distribution network beyond the local area will be one of the major areas of improvement being explored by Windquest Holdings in the coming months.

Learn more about Dick by visiting his Wikipedia page or read more about him by clicking on the following link >> http://www.newnetherlandinstitute.org/history-and-heritage/dutch_americans/richard-dick-devos-jr/

The Great Achievements of Ricardo Guimarães

Ricardo Guimarães was the former president of Banco BMG and the company was successful under his command. Guimarães came from one of the most powerful families in Minas Gerais. The Guimarães began getting involved in the financial sector when his grandfather founded the bank in 1930. Guimarães, who was prominent in sports even before BMG existed, and decided to expand the bank’s investment into the sport sector for future growth. Today, we will talk about the achievements of Ricardo Guimaraes and his impact at BMG.
The Honors
According to the Camara Municipal, on the 18th of April in 2011, Ricado Guimaraes received the City Council the diploma of Merit, and the ceremony was held at the request of Daniel Nepomuceno, the Councilman of PSB. In the beginning of the ceremony, Nepomuceno stated that Guimarães’ support and assistance, as well as investments, are great honors for the country.
Guimarães and Sports
BMG also mentioned how he created the Ricardo Soccer BR1 in 2010, which was an investment fund for football athletes which was the first in their CVM regulated country. In the same year, more than $20 million was invested to support the economic rights of the active athletes in eight different clubs. Because of this, BMG was also known as ‘the national sports patron’ and brought great pride for the country. Alberto Pinto Coelho, Deputy of the Governor, stated that the work of Guimarães is an example for their society.
Guimaraes Past
Ricardo Guimarães began working in 1980 as an office assistant in the family business started by his grandfather, Antonio Mourao Guimarães. He graduated from UNA in 1988, majoring in Business Administration. His family has always invested in several areas such as canning factory, cattle and coffee plantation. Alberto Pinto Coelho, the deputy governor stated that Guimarães’ family has always been committed to the development of sports, which is one of the reasons why Guimarães received the honors back in April 2011.
BMG
The BMG bank has a simple structure as much of its growth relies on consulting and personal loans, which have low interest rates. Today, BMG is acknowledged as the largest sponsor of football in the country and continues to make an impact in banking and its investments.
Conclusion
Up to this day, Guimarães continues to work hard and keep BMG strong in personal and payroll loans. However, according to R7 Noticias, BMG intends to reduce the share of this type of credit for up to 70% of the bank’s revenue in order to expand the range of services offered to.

THINX Is A Business Model Everybody Needs to Follow

With the growth of the economy and technology, people are making investment in different products. Entrepreneurs are working with different investors to ensure that their businesses and products are floated to the market through having a prudent business model. Sam Tabar is one successful attorney and a capital strategist. In the recent years, his investment portfolio was augmented by the inclusion of THINX. This startup company seeks to help women living in Africa and America. The new company engages in the design and making of undergarments that supports women’s incontinence and menstruation.

It is imperative to note that when one purchases one pair of the undergarments, the proceeds are used to provide reusable sanitary pads, made from cloth, to women living in Africa. The cloth sanitary pads are distributed to different destinations through AFRIpads. The company has enabled young girls to attend school and women to undertake their day-to-day activities without worry, as they have access to the sanitary pads.  As a result Sam set up his own charitable efforts through the Go Fund Me website.

Tabar has said through Instagram that he believes in THINX’s business model and financial support that pushes people to think about the issues happening in the globe thus eliciting them to give back to the society. Tabar asserted that Antonia and Miki, proprietors of THINX, have a vision and are now making a difference in the society with their products. It must be noted that with every purchase of the undergarments, a women in Uganda can be provided with seven reusable and washable cloth pads. This way, they can be productive instead of staying in the house during their menstruation.

Tabar has a vast experience as a legal counsel. He has worked for the Sparx Group/ PMA investment Advisors besides being the director in charge of capital strategy at Merill Lynch for the Asia-Pacific area. To this end, Sam comprehends the investment market. Tabar is quite prominent in New York for his work as an attorney. Sam is a graduate of the esteemed Columbia Law School and the prestigious Oxford University. After graduation, he worked with Skadden, Arps, Slater, Meagher and Flom. In addition, he served as senior associate at the Schulte Roth and Zabel LLP.  He’s currently the CEO of Full Cycle Fund, a position Sam Tabar has recently undertaken.

A mutual friend introduced Miki and Antonia, owners of THINX, to Sam Tabar. The business model of THINX caught Tabar’s attention thus making him invest in the company. Today, THINX utilizes their website to offer their products to the public besides allowing for wholesale distribution. Consumers have the option of signing the manifesto found at the company’s website for purposes of empowering people purchasing THINX products. Their signature acts as proof that the customers have helped other women by keeping them in school or allowing them to undertake their daily chores through their purchase. The company has continued to have a positive impact in people’s lives.