AB-InBev sells Perm brewery for about USD 20 million

SUN InBev, the Russian subsidiary of AB-InBev, is selling its brewery in Perm, Russian media reported on 24 October. The sale of the Perm brewery was announced on the Rosrealt website. The assets include all the buildings on a total area of 60,000 square meters. The selling price exceeds USD 20 million.

That’s bitter. The Perm brewery was reportedly SUN InBev’s fourth largest in Russia with an estimated capacity of 2.0 million hl. According to Russian media, SUN InBev had spent more than EUR 100 million (USD 130 million) to upgrade and boost the capacity of this plant between 2000 and 2009.

SUN InBev had been attracted to Perm, a city in the Urals, because of its geographic location and its attractive profit tax rate, which was 4.5 percent lower than the national average (15.5 percent).