JAPAN: Kirin seeks partner for Asian expansion
Kirin Breweries is looking to expand into Asian markets but will do so with a partner. The Japanese beer maker is looking to increase its role in neighbouring markets but because of the cost of new set-ups it will do so with Lion Nathan, its part-owned Australian subsidiary. Kirin is looking to move into Vietnam and Thailand in the near future with India a major attraction in the longer term. The company has also looked at Russia and other European markets but is believed to have ruled out any move there. "We continue to examine some information," Kirin spokesman Hiroshi Fujikawa told just-drinks.com. "There are some opportunities and both of us [Kirin and Lion Nathan] are ready to get into it together. We are going to co-operate next time we get into something new." But Fujikawa says that before Kirin embarks on new ventures it will try to sort out its ailing Shanghai operations. Analysts believe that Kirin may bail out of China, possibly selling to Tsingtao of Qingdao, and use Lion Nathan to blaze a trail in China. That would leave Kirin free to concentrate on other Asian markets.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Pernod's mood darkens over India - Analysis
- Have spirits companies forgotten the mainstream?
- Why Scotch must drop the 'malts good, blends bad'
- Does alcohol accelerate the onset of dementia?
- Ashwagandha - The next functional drinks trend?
- Diageo to cut 105 jobs in Scotland, 50 in Italy
- Pernod Ricard YTD fiscal-2017 sales performance
- Distell acquires majority stake in Cruz Vodka
- Cognac needs innovation at bottom end - Pernod
- Scotch sales set to soar, despite recent struggles
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Global Champagne and sparkling wine insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Myanmar - ISA Country Report
- Flavoured Powder Drinks in 2017: Confronting an Ageing World