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CANADA: Sapporo gets Sleeman nod

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Sapporo has been given the green light by Canada's authorities to acquire Sleeman Breweries.

The Japanese company, which already sees Sleeman brew its brands for the Canadian market, was given the go-ahead by Canada's Ministry of Industry yesterday (10 October). Sapporo agreed to buy Sleeman in August in a deal worth around C$400m (US$355.4m).

The deal is set to expire next Tuesday (17 October).

Sapporo was one of four brewers said to be interested in buying Sleeman, which in May started looking at the future of the business. Canada's top two brewers, Molson and Labatt, as well as Dutch brewer Grolsch were also rumoured to be interested in buying Sleeman.


Sectors: Beer & cider

Companies: Sapporo Holdings, Grolsch

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