DENMARK: Bryggerigruppen sells brewery site
Bryggerigruppen is poised to sell one of its former brewery sites. The Danish brewer said yesterday (31 March) that it has entered into an agreement to sell the site in Randers to a consortium consisting of Danish investment companies. The brewery was closed almost two years ago.
The sale is expected to have a positive effect on the fourth quarter financial statements of between DKK5m (US$870,000) and DKK6m, the company said.
The sales price will be payable in instalments over four years, Bryggerigruppen said. Further financial details were not disclosed.
Although the deal is expected to benefit Q4, the company said that its pretax profit expectation for the full year remains unchanged at between DKK290m and DKK340m.
Sectors: Beer & cider
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