Take three
First they took Diebels, then Beck’s. Guess who came next? The Gilde Brewery in Hannover, which will be bought by Belgium’s Interbrew following regulatory approval. Gilde which produces the brands Hasseröder, Gilde and Wolters is one of Germany’s top 5 brewers with an output of 4.4 million hl of beer, a turnover of EUR306 million, profits of 20 million (in 2001) and 900 employees. The sale of Gilde bears certain analogies to the sale of Beck’s which stunned the nation a year ago: about 200 shareholders with no direct involvement in the brewer were made an offer they could not refuse. In the case of Beck’s, shareholders on average had an 1.5 percent interest in the brewer, in the case of Gilde, the average stake was even smaller. All that seems to have been the case..
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