Early spring-cleaning
In an effort to fill its coffers - and get out of not so profitable foreign investments - Germany’s Radeberger Group has sold an 98.8 percent equity interest in Browar Dojlidy Sp. z o.o. (Dojlidy) and an outstanding shareholder loan to SABMiller’s Polish subsidiary, Kompania Piwowarska S.A. (KP) for a cash consideration of EUR 35.15 million (approx. US$37.89 million). The acquisition is conditional upon the satisfactory completion of a due diligence review by KP and the approval of the Polish Office for Protection of Competition and Consumers and the Ministry of Interior."
Dojlidy has one brewery, located in Bialystok in the north east of Poland, some 200 kilometres from Warsaw. The company currently has an annual capacity of some 900,000 hl and annual sales of 734,000 hl.5 billion..
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