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 16 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
- What Brexit means for drinks industry? - Analysis
- What does Brexit mean for AB InBev's SAB deal?
- The post-Brexit winners and losers - Analysis
- Is there a future for the global beer brand?
- Non-Scotch Whisky Essentials, Part II
- The UK Referendum - just-drinks Live Blog
- Aldi dealt alcohol sales blow in Australia
- Ex-William Grant CEO Stella David re-joins Bacardi
- UK spirits producers braced for Brexit impact
- Maxxium eyes US$1.4bn opportunity in UK spirits
- Adultifying Soft Drinks; Capitalizing on rising adult demand for non-alcoholic beverages
- Spirits and Wine: Corporate Overview
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends