DENMARK: BBH acquires brewery in Belarus
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.
Scottish & Newcastle and Carlsberg said today that their Eastern European joint venture Baltic Beverage Holdings had seen sales volumes lift 14% in the first quarter of the year, compared to the same ...
Carlsberg has appointed a managing director for its Chinese operations....
Carlsberg has increased its ownership in Carlsberg Brewery Malaysia Berhad from 49.66% to 51%. The investment amounts to approximately US$6m....
Baltika has bought into a Siberian brewer....
The Bosnian government has put a majority stake in the country's brewery Banjalucka Pivara up for sale. Previous efforts to privatise the brewer have failed....
Hite Brewery Co. has signed a preliminary agreement to acquire Jinro....
Carlsberg Sverige is looking to introduce a lemon-flavoured beer to the Swedish market....
South Korea's anti-trust watchdog is to check Hite Brewery's claims to soju maker Jinro, following its victory in last week's auction....
- Interview Berry Bros & Rudd CEO Dan Jago - Part I
- The threat of excess choice in beer is over-stated
- Key trends for the beer category in 2017 - Focus
- Key trends for the spirits sector in 2017 - Focus
- Signs of life in Japan's beer market - Comment
- Pernod Ricard's Method and Madness Irish whiskey
- Premium to counter mainstream in gin - research
- Bacardi lines up Canadian bottling plant closure
- Pernod unveils new St Patrick's Day Jameson bottle
- Wm Grant names Victor Jerez business director
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global Cognac insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Global gin insights - market forecasts, product innovation and consumer trends