BELARUS: Carlsberg, Heineken, SABMiller in brewery hunt – report
The possible privatisation of a brewery in Belarus has a slew of global brewers pondering a purchase, according to reports.
The Belarussian government is mulling the sale of a majority stake in Krinitsa Brewery Holding in the country, Kommersant reported this week. The stake in Krinitsa, which holds a 40% share of the domestic beer market, would cost a buyer around US$200m, the news service said.
Kommersant cited an unnamed source in its report, as saying: "SABMiller, Baltic Beverages Holding (the joint-venture between Carlsberg and Scottish & Newcastle), Heineken, Sun InBev and Detroit Belarus Brewing Company bid at the first stage of the tender, but only SABMiller, BBH and Heineken have survived."
When contacted by just-drinks today (7 June), a spokesperson at Carlsberg said: "At this point in time, we are not sure which way the Belarus government will decide. We think, however, that they will conclude to privatise in due course. If that is the case, then I can't tell you whether we will submit a bid or not."
The spokesperson added: "It has always been our ambition to grow BBH, not only in Russia but also in other countries." He highlighted BBH's purchase of a 30% stake in Olivaria Brewery in Belarus in December last year, as an example of these growth plans.
Neither Heineken nor SABMiller would be drawn on the reports when contacted today.
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Carlsberg has confirmed that it is looking to cut costs in Scandinavia by pooling its marketing costs in Denmark, Norway and Sweden....
Asia Pacific Breweries has appointed the previous chairman of Danone Asia Pacific as chairman-designate and a non-executive director of the company....
Scottish & Newcastle has declined to comment on speculation suggesting it will sell its Kronenbourg lager brand....
SABMiller has given further details about its intended investment in India going forward....
The head of Scottish & Newcastle is to visit Copenhagen, the home of Carlsberg, tomorrow (23 November) to re-outline his attempts to defend the brewer from Carlsberg and Heineken's takeover attempt....
Heineken has refused to be drawn on local reports that it is in line to buy a Czech brewer....
Carlsberg has declined to comment on a call from a Scottish & Newcastle shareholder for the Danish brewer to give further details on the brewers' joint venture in Eastern Europe....
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