[PAR] [TLE] AmBev [SEP] Ambev, formally Companhia de Bebidas das Américas (official English translation: "Americas' Beverage Company", hence the name "Ambev", formerly styled as "AmBev") is a Brazilian brewing company.  It is the biggest brewery in Latin America and the fifth in the world.  It was created on July 1, 1999, with the merger of two breweries, Brahma and Antarctica.  The merger was approved by the Board of Directors of the Brazilian Administrative Council for Economic Defense (CADE) on March 30, 2000.  The headquarters are in São Paulo, Brazil. [PAR] [TLE] Guaraná (Backus) [SEP] Guaraná is a Brazilian brand of soft drink owned by AmBev and sold in Brazil.  Guaraná is a soft-drink containing guarana fruit and is sold in PET bottles of 500 ml.  In 2007 the drink had 5% of the Brazilian soft drinks market, and was relaunched with a new bottle and label and a light version.  A year later its sales had increased by 49%.
[PAR] [TLE] AmBev [ SEP ] Ambev , formally Companhia de Bebidas das Américas ( official English translation : " Americas ' Beverage Company " , hence the name " Ambev " , formerly styled as " AmBev " ) is a Brazilian brewing company . It is the biggest brewery in Latin America and the fifth in the world . It was created on July 1 , 1999 , with the merger of two breweries , Brahma and Antarctica . The merger was approved by the Board of Directors of the Brazilian Administrative Council for Economic Defense ( CADE ) on March 30 , 2000 . The headquarters are in São Paulo , Brazil . [PAR] [TLE] Guaraná ( Backus ) [ SEP ] Guaraná is a Brazilian brand of soft drink owned by AmBev and sold in Brazil . Guaraná is a soft - drink containing guarana fruit and is sold in PET bottles of 500 ml . In 2007 the drink had 5 % of the Brazilian soft drinks market , and was relaunched with a new bottle and label and a light version . A year later its sales had increased by 49 % .
Which company associated with Guaraná is the biggest brewery in Latin America?
Which company associated with Guaraná is the biggest brewery in Latin America ?
AmBev
AmBev