CHINA: Interbrew closes Chinese acquisition
Interbrew has closed its acquisition of China's K.K. Brewery. The Belgian brewer paid US$35m cash for a 70% stake of the brewing operations of the Chinese K.K. Group. The K.K. Brewery, located in the city of Ningbo (the second largest harbour of china, after Shanghai), is the leading brewer in the Province of Zhejiang. Interbrew said the transaction reinforced its commitment to play a leading role in the consolidation of the beer market in China's Yangtze Delta region.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- How the can has a part to play in beer's future
- The Future of Cocktails - Consumer Trends
- Will Brexit make a winner out of Travel Retail?
- Coke Life - Coca-Cola's niche soda - Comment
- Global water targets risk hiding local concerns
- Diageo reveals revival plan for former factory
- Diageo Australia's commercial head to step down
- US hits AB InBev with US$6bn fine over India sales
- William Grant sees 2015 sales, profits lift
- Stoli Group CEO Rob Cullins to step down
- Global gin insights - market forecasts, product innovation and consumer trends
- The Next Seven Big Beverage Markets
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends