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Europe/Russia
Bere Mures, the biggest independent beer producer, has put itself on the market. Its owners are trying to find an investor to pay at least EUR 150 million. Potential buyers include SABMiller, which operates in Romania through its Ursus Breweries subsidiary, and an investment fund.
Europe/Russia
You would have thought that, after the botched privatisation of Belgrade’s BIP brewery in 2005, deal making in the Serbian market had come to an end. But no. In December Heineken announced that it is to acquire the MB Rodic Brewery, in Novi Sad.
Europe/Russia
At the end of July Prince Luitpold of Bavaria bought the 400 year old Oberbräu, located in Holzkirchen some 30 kilometres to the south of Munich, thus saving it from bankruptcy.
Europe/Russia
At a local court, Dr Gustavo Möller-Hergt, 45, was awarded three months’ salary or EUR 150,000 as compensation for his unfair dismissal in September last year.
Europe/Russia
With the appointment of Rainer Grimm as CFO, the privately owned Wild, one of the world’s leading suppliers of natural flavour ingredients to the food and beverage industry, is getting into shape for an initial public offering.
Europe/Russia
A rainy summer and an ageing population dragged Germany’s per capita beer consumption down to a record low of 112.5 litres in 2007, the Brewers’ Association reported in December.
Europe/Russia
Pilsner Urquell’s advertising campaign is set to rub German brewers the wrong way.
Europe/Russia
An urban Weizen, which does not draw on a Dirndl and Lederhosen romance, has been the surprise winner last year.
Europe/Russia
Located between Poland and Russia, Belarus may not be the paragon of democracy, yet its beer market has shown significant growth potential.
Europe/Russia
Heineken and Carlsberg have made two “indicative proposals” but no formal bid yet for Scottish & Newcastle (S&N). Having lost patience, S&N has asked the Takeover Panel to set a deadline for a formal bid, which has been scheduled for 21 January.
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