Heineken made the acquisition through Brauholding International, a joint venture with German investment group, Schorghuber. Brauholding, which already produces Paulaner, Hacker-Pschoorr and Kulmbacher beers, is to acquire a 45% stake in Karlsberg, worth an estimated $100m.
GERMANY: Heineken gets EC nod for Karlsberg deal
The Dutch brewer, Heineken, has been given the go-ahead by the European Commission for its purchase of a stake in the German brewer, Karlsberg.