UK: Whitbread and Bass to Quit Brewing

By just-drinks.com editorial team | 16 May 2000

British leisure group Whitbread is reported to be about to sell its brewing business to its Belgian rival, Interbrew, for an estimated £400-450m. Whitbread's brewing assets include Boddingtons, Flowers, Mackeson, Murphy's and Wadworth 6X. Interbrew has refused to confirm or deny the report. A spokesman said: "If an agreement has been reached then it will be communicated. That applies also with any so-called pending problems, when they have been solved." It is understood complex legal problems could delay any announcement of a deal. Family-owned Interbrew, which plans to float by the end of the year, already licenses Whitbread to brew its flagship Stella Artois lager in Britain. The report comes as Whitbread is preparing to launch a new lager - "GB" - made exclusively from British ingredients.

just-drinks articles are only available to registered users and members.

Join now for increased access

There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.

If you’re already a member, login here.

British leisure group Whitbread is reported to be about to sell its brewing business to its Belgian rival, Interbrew, for an estimated £400-450m. Whitbread's brewing assets include Boddingtons, Flowers, Mackeson, Murphy's and Wadworth 6X. Interbrew has refused to confirm or deny the report. A spokesman said: "If an agreement has been reached then it will be communicated. That applies also with any so-called pending problems, when they have been solved." It is understood complex legal problems could delay any announcement of a deal. Family-owned Interbrew, which plans to float by the end of the year, already licenses Whitbread to brew its flagship Stella Artois lager in Britain. The report comes as Whitbread is preparing to launch a new lager - "GB" - made exclusively from British ingredients.

  • Unlimited access to all the latest global beverage news and insight
  • Expert analysis that puts the news into context
  • Exclusive interviews with leading industry figures
  • Monthly management briefings with detailed analysis on hot topics
  • Personalised RSS feeds and email newsletters
  • 10-year archive of news, insight and intelligence
  • Discounts on just-drinks market research
  • Plus much more

If you’re already a member, login here

Not what you were looking for?

Search just-drinks:

More articles related to this one

HOLLAND: ING raises Heineken targets
ING has raised its target for Heineken's share price after analysing the brewer's options to save costs.

HOLLAND: New Heineken CEO to steer same path
Heineken's CEO-in-waiting has no plan to radically alter the brewer's strategy, he said in an interview today.

HOLLAND: Heineken CEO to step down in reshuffle
Heineken has restructured its top management, in a move that includes the retirement of current CEO and chairman Thony Ruys from October this year.

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