SABMiller has sealed the purchase of an addition to its Polish subsidiary.

The brewer confirmed late last week that its Kompania Piwowarska unit has received approval from the Polish Office of Competition and Consumer Protection for the acquisition of 99.96% of Browar Belgia from Belgium's Palm Breweries.

The value of the gross assets to be acquired is approximately EUR65m (US$95.5m). The acquisition, originally announced in August, is expected to be completed at some point this week.

"We are delighted to have received approval for the acquisition of Browar Belgia," said Alan Clark, managing director of SABMiller Europe. "The Polish market and KP have recorded exceptional growth over the last ten years and additional capacity is required to capitalise on the level of consumer demand for our products in the local market.

"This acquisition will immediately deliver the required expansion capacity without having to develop a greenfield site. It also complements our existing manufacturing footprint and brand portfolio."

Browar Belgia operates one brewery situated in Kielce, south-east Poland, and has an annual production capacity in excess of 1m hectolitres. Its principal brands are Wojak, Gingers and Frater.