AB InBev has bought a number of European breweries in the past few months

AB InBev has bought a number of European breweries in the past few months

Anheuser-Busch InBev has taken full control of Bosteels Brewery, adding the Belgian craft producer to its European beer portfolio.

The company told just-drinks today that it had acquired a 100% stake in Bosteels from its family owners and Dutch private-equity minority shareholder Waterland. AB InBev said Bosteels will continue brewing its brands Tripel Karmeliet, Kwak and DeuS in its Buggenhout brewery.

Financial details were not disclosed however Belgian media reports estimated the deal is worth EUR200m (US$225m).

An AB InBev spokesperson said Bosteel's portfolio was "complimentary" to the brewing giant's existing Belgium brands. "Bosteels has a good reputation in high-quality products. For us that's very important," the spokesperson added. In the past three years, Bosteels has increased volumes from 100,000 hectolitres to 145,000.

Following a number of acquisitions in the US, AB InBev has set its sights on European craft brewers in the past few months. Late last year, it bought London's Camden Town Brewery and this year purchased Italy's Birra del Borgo.

The acquisitions come as the brewer prepares to take over SABMiller and form the biggest beer producer in the world.

This week, the US Justice Department's anti-trust division said it will monitor Anheuser-Busch InBev's craft acquisitions as well as its distribution obligations as authorities look to preserve competition in the beer industry. 

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