According to a report from Dow Jones International, the German brewing group, Brau und Brunnen, has acquired the brewer, Tucher Brau, for an undisclosed sum.

The acquisition will be retroactive from January 1 and remains subject to approval from antitrust authorities.

Brau und Brunnen itself is thought to be up for sale given that the banking group, HVB, is known to be seeking a buyer for its 56% stake in the brewer.