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RUSSIA: Baltika acquires out east

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Baltika has bought into a Siberian brewer. The Russian brewery said yesterday (7 April) that it has acquired a 16.38% stake in Krasnoyarsk-based Pikra in eastern Siberia.

The name of the seller and the price of the purchase were not disclosed.

Baltic Beverages Holding, which owns 75.4% of Baltika, also owns a 70% stake in Pikra.

The Siberian company has an annual production of 180m litres.


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