News

RUSSIA: SUN Interbrew to sell eastern brewery

Most popular

Campari and Cuervo - The next big spirits buy?

Spirits gift boxes will not be missed - comment

Remy Cointreau Performance Trends 2016-2020

White spirits trying to ride hard seltzer craze

just-drinks meets Stoli Group CEO Hugues Pietrini

MORE

SUN Interbrew is looking to relinquish its stake in Pivoindustriya Primorya. The InBev unit said yesterday (5 July) that it has agreed to sell its 29% holding in the Vladivostok-based brewery to financial-industrial holding Alfa Group.

The value of the stake has not been disclosed.

Speaking to Dow Jones, SUN Interbrew's chief executive, Joseph Strella, said that the move was part of the company's policy to dispose of its non-core assets.

Pivoindustriya Primorya is one of the largest breweries in the Vladivostok region.

No-one from SUN Interbrew was available for comment when contacted by just-drinks.


Sectors: Beer & cider

Companies: Anheuser-Busch InBev

Related Content

FREE TO READ - just-drinks' Mergers & Acquisitions database - October 2018

FREE TO READ - just-drinks' Mergers & Acquisitions database - October 2018...

FREE TO READ - just-drinks' Mergers & Acquisitions database - July 2019

FREE TO READ - just-drinks' Mergers & Acquisitions database - July 2019...

The soft drinks category in 2019 - just-drinks' Review of the Year, Part II - FREE TO ACCESS

The soft drinks category in 2019 - just-drinks' Review of the Year, Part II - FREE TO ACCESS...

The soft drinks & bottled water categories in 2018 - just-drinks' Review of the Year, Part II - FREE TO ACCESS

The soft drinks & bottled water categories in 2018 - just-drinks' Review of the Year, Part II - FREE...

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?