BRAZIL: Petropolis to build new breweries - report
Cervejaria Petropolis is looking to set up two new breweries, according to local reports. Valor Economico said yesterday (16 February) that the Brazilian brewer plans to invest BRL600m (US$284.5m) in the facilities to be located in Minas Gerais and Bahia states. The brewer hopes the move will help decentralise sales from its current plants in Rio de Janeiro and Sao Paulo.
Citing Petropolis' marketing manager, Paulo Costa, the paper said that the company is looking to consolidate its position as the number three brewer in the north-east state of Bahia within the next two years. The company plans to reinforce its distribution network in the state by installing its own distribution centre in Salvador, Costa added.
Petropolis was founded in 1994 and produced 210m litres if beer last year, the report noted. The company accounts for 5.2% of the Brazilian beer market.
Sectors: Beer & cider
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