ROMANIA: Heineken in line for Romanian acquisition

Heineken, the Dutch beer giant, is in line to buy Romania's Timisoara-based beer producer Timisoreana, the Romanian press reported today. Also in the running is the Austrian concern Brau Beteiligungs AG (BBAG) in a deal that is estimated to reach between $15m and $20m. BBAG already operates in the Romanian market and could become the market leader in the local brands if it clinched the deal.

Heineken, the Dutch beer giant, is in line to buy Romania’s Timisoara-based beer producer Timisoreana, the Romanian press reported today. Also in the running is the Austrian concern Brau Beteiligungs AG (BBAG) in a deal that is estimated to reach between $15m and $20m. BBAG already operates in the Romanian market and could become the market leader in the local brands if it clinched the deal.

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