News

HAITI: Heineken to take control of Brasserie Nationale d'Haiti

Most popular

Why spirits should look back to move forwards

Gaming - the next frontier for drinks marketing

Why spirits must rethink its future positioning

Responsible drinking efforts around the world

Mainstream media is confusing spirits' consumer

MORE

Heineken has agreed to take almost complete ownership of Brasserie Nationale d'Haiti for an undisclosed fee.

//i2.aroq.com/1/heinekenlogonew.jpg

Heineken said today (14 December) that it would raise its stake in Brasserie Nationale d'Haiti from 22.5% to 95%. As well as producing beer, the Haiti-based brewer also bottles soft drinks for PepsiCo

Financial details of the deal were not disclosed.

"The Haitian beer market has shown solid year-on-year growth, but remains relatively underdeveloped," said Heineken's president for the Americas, John Nicolson. "A growing population together with increased political and economic stability creates good prospects for continued growth."

Heineken said that it would acquire the extra shares from the Haiti brewer's existing management and unnamed private shareholders. The deal is expected to be earnings accretive to Heineken immediately following completion, which is expected in January.


Related Content

Heineken Performance Trends 2013-2017 - results data

Heineken Performance Trends 2013-2017 - results data...

FREE TO READ - just-drinks' Mergers & Acquisitions database - February 2019

FREE TO READ - just-drinks' Mergers & Acquisitions database - February 2019...

C&C Group to buy Admiral Taverns stake in takeover move

C&C Group to buy Admiral Taverns stake in takeover move...

The Wehring Interview – Heineken – Part II

The Wehring Interview – Heineken – Part II...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?