US: Labatt USA owner makes Canada brewing commitment

By | 3 April 2009

The chief executive of North American Breweries (NAB) has said the company has no plans to move Labatt USA's brewing operations out of Canada, according to a report.

Richard Lozyniak, CEO of  NAB, said in an interview published on this week that the company is "extremely sensitive" to the Canadian heritage and wouldn't make the same "mistake" as other companies who have moved production and "destroyed that heritage".

Anheuser-Busch InBev recently sold Labatt US to KPS Capital Partners, which has formed North American Breweries to drive its growth in the beer sector.

As part of the deal, Labatt will continue to be brewed in Canada for a minimum of three years.

Sectors: Beer & cider

Companies: Anheuser-Busch, InBev

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