Interbrew said the deal extends its local platform from Nanjing further into the Zhejiang Province and confirmed its commitment to take a leading role in the consolidation of the beer industry in China’s Yangtze Delta.
CHINA: Interbrew acquires KK Brewery for $42m
The brewing giant, Interbrew, has acquired a 70% stake in KK Brewery, based in China's eastern province of Zhejiang, for $42m.