FINLAND: Royal Unibrew gets green light for Hartwall buy

By | 20 August 2013

The company is set to acquire Heinekens Finnish unit

The company is set to acquire Heineken's Finnish unit

Denmark's Royal Unibrew has gained regulatory approval for its EUR470m (US$613m) acquisition of Heineken's Finnish unit, Hartwall, with the deal set to complete soon. 

In an announcement today (20 August), Royal Unibrew said that it has received the go-ahead from Estonia's competition authorities and its “business partners”. The deal was first announced last month after rumours initially surfaced in April.

“The transaction is expected to be realised as soon as possible,” the statement said. 

Royal Unibrew operates in the beer, malt and soft drinks markets in Nordic and Baltic countries. Its beer brands include Ceres, Faxe and Albani, while its largest brand is Royal. 

A Finnish member will be elected to Royal Unibrew's board once the deal is completed, the company said. 

Expert analysis

Beer in Europe

Beer in Europe industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2007-11, and forecast to 2016). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Europe beer market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Sectors: Beer & cider, Mergers & acquisitions

Companies: Heineken, Royal Unibrew

View next/previous articles

Currently reading -

FINLAND: Royal Unibrew gets green light for Hartwall buy

There are currently no comments on this article

Be the first to comment on this article

Related research

Heineken N.V. (HEIA) - Financial and Strategic SWOT Analysis Review

Heineken N.V. (HEIA) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view ...

Royal Unibrew A/S in Soft Drinks (Denmark)

The strategic goals for Royal Unibrew are to maintain a high level of new product innovation, while at the same time develop its brand platform. The company also focuses on increasing customer loyalty and marketing spend in order to increase its mark...

Royal Unibrew A/S in Alcoholic Drinks (Denmark)

Royal Unibrew A/S aims to consolidate and strengthen its position as a leading regional brewer in a number of Western and Eastern European markets through brand and product innovation in both beer and soft drinks, and further strengthen its relations...

Related articles

just For Subscribers - The week in drinks

Here are the ten most viewed, subscriber-only items on just-drinks this week:

just the Round-Up - The week in drinks

The top ten stories published on just-drinks this week:

UK: Heineken targets draught volumes with Strongbow Dark Fruit

Heineken is to roll out a draught version of its Strongbow Dark Fruit into the UK after an off-trade launch last Summer.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page