Anheuser-Busch InBev SA/NV is a multinational drink and brewing holdings company based in Leuven, Belgium. Additional main offices are located in São Paulo, New York City, London, St. Louis, Mexico City, Johannesburg and others. The company was enlarged in October 2016 when AB InBev purchased SABMiller and concluded a merger of the two entities. It was the world's largest brewer even before the acquisition of SABMiller and is considered one of the largest fast-moving consumer goods (FMCG) companies in the world. The annual sales for the company in 2017 were US$56.4 billion; prior to the merger, ABInBev had realized US$45.5 billion in revenue in 2016. The company is expected to have a 28 percent market share of global volume beer sales in 2017, according to Euromonitor International. The company has recently announced a commitment to secure 100% of its purchased electricity from renewable sources by 2025.