SLOVENIA: Pivovarna Lasko on the hunt for new investment
Pivovarna Lasko is Slovenia's leading domestic brewer
Pivovarna Lasko has begun a search for a strategic investor willing to inject at least EUR75m (US$102.1m) of fresh capital into the company.
The company, which is the leading domestic brewer in Slovenia, agreed to look for an investor earlier this year when it reached a debt restructuring deal with a consortium of lenders.
Earlier this week, local newspaper Dnevnik reported that several investors have already expressed an interest, including Turkey’s Anadolu Efes, Israeli Tempo Beer Industries, Molson Coors, SABMiler, Carlsberg, Heineken and Anheuser-Busch InBev.
Separately, Lasko’s supervisory board reported sales in the first five months of 2014 of EUR35m, a 4% year-on-year increase. The company also achieved EBITDA of EUR5.4m in the period.
As well as the namesake beer brand, the group also operates in the water and spirits categories.
Anheuser-Busch InBev has continued a craft buying spree in South America with its Brazilian subsidiary AmBev's acquisition of Colorado Brewery....
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