AB InBev’s venture capital arm ZX Ventures has acquired the remaining stake in the consumer review site RateBeer.

The acquisition was confirmed by RateBeer’s co-founder Joe Tucker on the company’s website.

Tucker said: “While this won’t impact the day-to-day for anyone using on the site, I wanted to let you all know that ZX Ventures, a division of AB InBev, has fully acquired RateBeer.

“RateBeer is a quality-focused organisation, and our value to the community has always depended on our integrity, and willingness to put in greater effort to produce more meaningful scores and information.

“RateBeer is a quality-focused organisation, and our value to the community has always depended on our integrity.”

“I’m very grateful for having the opportunity to serve you all. It’s been a great pleasure meeting so many of you in person, and through this more fully understanding our important role in the industry, and the joy, pride and responsibility felt by so many out there in RateBeeria.”

In October 2016, AB InBev acquired a minority interest in RateBeer, but the deal was not made public until June 2017.

In his statement, Tucker further added that AB InBev’s involvement in the business has allowed the company to make improvements to infrastructure, release an in-house mobile app and modernise key pages.

He noted that his association with the company will continue and he will maintain his role as the global community manager following the acquisition.

ZX Ventures expects the deal to further expand its investment portfolio, which includes brands such as London’s Camden Town, Australia’s Pirate Life and Argentina’s Patagonia Cerveza.

In April last year, ZX Ventures had acquired UK-based Atom Group and its subsidiaries.