Tsingtao is continuing its acquisition spree by purchasing 90% stakes in two Chinese breweries. The brewer, China’s largest, plans to establish a brewery in the capital of every province in the country. It has devoted significant efforts to building a brand, which should help it both domestically and in the export market. However, as competition and consolidation mount in
Comment: China – Tsingtao’s wall of acquisitions
Tsingtao is continuing its acquisition spree by purchasing 90% stakes in two Chinese breweries. The brewer, China's largest, plans to establish a brewery in the capital of every province in the country. It has devoted significant efforts to building a brand, which should help it both domestically and in the export market. However, as competition and consolidation mount in