IRELAND: Heineken vows to defend JV allegations
Heineken Ireland has vowed to vigorously defend itself against allegations that the brewer broke conditions of a joint venture agreement in the country.
Heineken Ireland is facing a Commercial Court hearing following accusations from Hartside, an Isle of Man-based company.
Hartside alleges that Murphy Brewery Ireland Ltd, now Heineken Ireland, has broken the terms of a joint venture agreement signed with a number of other parties in 1996 for the acquisition of Nash Beverages Ltd.
But, a spokesperson for Heineken at its global headquarters in the Netherlands told just-drinks today (23 October): "Heineken Ireland strongly believes that it is in compliance with the terms of the joint venture agreement and intends to respond and contest vigorously each and every claim made against it on this matter."
As Heineken CEO Jean-Francois Van Boxmeer last week hailed the opening of the firm's brewery with Diageo in South Africa as "a victory for consumer choice", it is clear that a new battle for supremacy...
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