Colombian brewer Bavaria is to buy a 58% stake in Cerveceria Nacional, the
Panamanian brewer, with the possibility of taking full ownership at alter stage,
it was reported yesterday.
COLOMBIA: Bavaria extends reach with Panamanian acquisition
Colombian brewer Bavaria is to buy a 58% stake in Cerveceria Nacional, the Panamanian brewer, with the possibility of taking full ownership at alter stage, it was reported yesterday. Details of the value of the deal were not disclosed but it is thought that Cerveceria is worth an estimated US$285m in total.