Blog: Rumour mill
Chris Brook-Carter | 17 February 2004
Speculation has begun to appear in the German press about what food group Oetker plans to do with Brau und Brunnen after its recent acquisition of the brewer.
Though the group has denied the rumours, according to the German newspaper Welt am Sonntag, which cites a source from within Oetker Group, the new owner is planning to sell off about 25% of Brau und Brunnen's activities.
It is thought that the breweries based in and around Cologne which brew the regional speciality Kolsch, and include the premium brand Sion, the mass-market brand Gilden and the bottom-end brands Kuppers and Sester, are to be first in line.
Interestingly back in December talks to sell Brau und Brunnen ran aground, when 63%-owner HypoVereinsbank (HVB) pulled out of talks with US investment firm One Equity Partners (OEP).
At a press conference, Michael Hollmann, chief of Brau und Brunnen, told reporters that the talks had broken down, “not on the question of price, but as a result of the behaviour of the would-be buyers.”
At the time it was reported that OEP had also been in simultaneous talks with Oetker, over a possible dismantling of Brau und Brunnen once the purchase had gone through.
Here in London, the second Wine Week has kicked off to coincide with UK wine trade event London Wine Fair. ...
Commuting in London is a drag. It’s overcrowded, sweaty and rarely goes to plan. In fact, it’s enough to turn a person to drink....
When it comes to market speculation, a company holds the prerogative to comment or not. Most times it is the latter, but we journalists are always grateful for any quote that we can get....
Carlsberg's Russian unit may be grinding down the gears, but its UK marketing team is proving to be no slouches. ...
- Comment - How to Target Cognac's Mok Generation?
- Is Marketing Twisting the Meanings of Words?
- Analysis - Keurig Kold fails to impress
- Will Tequila Learn from Scotch Whisky's Mistakes?
- Sustainability - Walking the Walk on Water
- Whyte & Mackay takes on Flor de Caña in UK
- Castel acquires stake in Belvedere
- Brown-Forman eyes family ties with board additions
- Diageo adds to Entourage tie-up - video
- NPD: Brewdog's Born to Die
- Global Tequila insights - market forecasts, product innovation and consumer trends research
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends research
- Global rum insights - market forecasts, product innovation and consumer trends research
- Africa: The Final Frontier for Beer
- Diageo plc (DGE) - Financial and Strategic SWOT Analysis Review