News

JAPAN: Kirin seeks partner for Asian expansion

Most popular

Should Campari Group be renamed Aperol Group?

just-drinks speaks to A-B InBev CEO Carlos Brito

just-drinks' M&A database - Oct 18

Campari Group's Aperol Q3 bonanza - Comment

MORE

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.


Related Content

Kirin set to offload Lion Dairy & Drinks

Kirin set to offload Lion Dairy & Drinks...

UK must make case for wine volumes in face of Asian appeal - Accolade Wines UK & Ireland head

UK must make case for wine volumes in face of Asian appeal - Accolade Wines UK & Ireland head...

How the future is shaping up for RTDs & cider - Research in Focus

How the future is shaping up for RTDs & cider - Research in Focus...

Small-batch offers way forward for Cognac in Asia Travel Retail - TFWA 2018

Small-batch offers way forward for Cognac in Asia Travel Retail - TFWA 2018...

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?