News

DENMARK: BBH acquires brewery in Belarus

Most popular

What are Diageo's priorities for the years ahead?

Diageo Performance Trends 2014-2018 - results data

What can the spirits industry learn from Diageo?

Why targeting by gender failed in 2018

MORE

The BBH subsidiary Baltika Brewery is to acquire a majority shareholding of the brewery Krinitsa situated in Minsk, Belarus. The deal is expected to be approved by the directors of Krinitsa in December.

Financial details were not disclosed but the present capacity of Krinitsa is 70m litres of beer annually and the brewery is the market leader in the country with a 21% share.

Furthermore, current modernisation plans, which will be completed next spring, will among other things bring the brewery's quality of beer up to Western standards, BBH owners Carlsberg said.

Belarus has a population of 10.2m and the per capita consumption of beer is 26 litres per year. Throughout the last few years, the Belarus beer market has seen a moderate increase and total consumption is 270m litres.

BBH is owned half owned by Carlsberg Breweries. The other half belongs to Oyj Hartwall Abp. The acquisition of Krinitsa brings the number of breweries owned by BBH to a total of 12, of which three are in the Baltics, seven are in Russia and two are in Ukraine.


Related Content

Heineken buys 49% stake in Brixton Brewery

Heineken buys 49% stake in Brixton Brewery ...

Carlsberg and Heineken in Cambodia - What just-drinks thinks

Carlsberg and Heineken in Cambodia - What just-drinks thinks...

"We are in the beer business, we're not in the banker business" - Interview, Sapporo Holdings presid...

Asahi asset tidy continues with Tsingtao Brewery Co stake poised for offload

Asahi asset tidy continues with Tsingtao Brewery Co stake poised for offload...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?