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Europe/Russia
It did not really come as surprise when Carlsberg announced in January that it was to buy Germany’s second-largest brewing group Holsten for EUR1.1 billion. Having sold its Hannen brewery to the German discount beer producer Oettinger in July last year and their contract brewing agreement expiring this year (or so rumours claim), Carlsberg had manoeuvred itself into a situation where it was short of at least 700,000 hl of production volume in Germany for its Tuborg and Carlsberg brands. Hence it had to clinch a deal ... and soon. Just as well that Holsten had been on the market for some time. Carlsberg also made a voluntary public offer to buy all outstanding shares until the end of March. The offer is conditional upon a 75 percent acceptance rate.1 or EUR70.5 per hl..
Europe/Russia
It may just be speculation or a clever leak but according to Danish press reports three Scandinavian brewers are teaming up to counter the dominance of Carlsberg in their respective domestic markets. Denmark’s Bryggerigruppen, Sweden’s Spendrups and Norway’s Hansa Borg are planning a strategic alliance, which will include marketing co-operation and joint purchasing. The move, if it were true, has taken few by surprise as the three brewers have long been involved with each other through Bryggerigruppen’s and Spendrups’ joint 40 percent stake in Hansa Borg. Earlier this year, the Danish press also reported that Carls-berg was losing its cache in its home market, as customers opted for foreign brews and those made by Bryggerigruppen (Faxe)..
Europe/Russia
Heineken announced that it has successfully closed the public offer to purchase the remaining 29.51 percent of the outstanding shares of Brau-Beteiligungs-Aktiengesellschaft ("BBAG") and 31.22 percent of the outstanding shares of Brau Union Aktiengesellschaft ("BUAG"). The Heineken group now owns 98.73 percent of the shares of BBAG and 98.7 percent of the shares of BUAG. The investment involved in the purchase of these remaining outstanding shares is EUR 711 million and is funded from existing cash resources and the EUR1.2 billion syndicated revolving credit facility that was obtained in December 2003. Heineken launched the public offers following its acquisition of Getränke-Beteiligungs-AG ("GeBAG") in which Hein-eken currently holds 85.58 percent..
Europe/Russia
The Czech beer market is going like a song, writes Lyle Frink from Prague. More specifically, like a children’s lullaby - "Rock-a-bye baby in the treetop, when the wind blows, the cradle will rock ..." According to the Czech Breweries and Malt Association the view from the top is quite positive. "There is no decline, production even might be a bit better than the previous year," said executive director Jaroslav Cepicka.
After all, doomsayers have been predicting that consumption would fall below the world record 160 litres per capita level sooner or later. But according to preliminary calculations from Jan Vesely, the Association’s Chairman, Czech beer production for 2003 was 18.5 million hl, in increase of about 2 percent year-on-year. The taxman has been kind to Czech brewers.
Europe/Russia
om 31 January to 3 February 2004 the Pianeta Birra, the international show of beers, beverages, snacks, furnishings & fittings for pubs and pizza parlours, will take place at the Rimini fair ground. The annual event is dedicated to the “entire universe of beverages and drinks” – and not just to the “planet of beer”, although it was beer which gave the trade show its name and raison d’être. Attendance of the show is restricted to trade members such as beverage producers, importers, distributors, hyper and supermarket buyers as well as publicans and restaurant owners. Over 40 percent of the products on show come from abroad. Guided tasting sessions, draft beer courses, seminars and contests, specialised expo routes and theme party nights are to contribute to the allure of the show.it.
Europe/Russia
Come 2005 and Interbrew was going to be the biggest brewer in the world. That was Hugo Powell’s ambitious target. For several years, Interbrew’s family shareholders would stand back and give him free rein. However, when faced with failure the titled worthies dealt mercilessly with the one-time top manager, whose confrontational style of leadership had made them increasingly uneasy.
Hugo Powell as portrayed in one of his last official photographs: the thinning reddish-blonde hair is parted correctly over the left ear. His dark eyes stare back at the camera arrogantly, heavy eyelids almost reducing them to slits. The thin lips are pressed tightly together, unsmiling. He wears no tie. In the background looms the blurred image of a mighty old pile set in a formal French parkland.
Europe/Russia
Those with a long memory - a dying breed, unfortunately - will probably heave a sigh and say: "Back to square one." Or rather back to the days before Maggie Thatcher’s Beer Orders broke up the hold of the country’s Big Six brewers over the nation’s pubs. With the creation of mega-pubcos it is as if the Beer Orders had never come into effect. Recent mergers among the pub companies have resulted in a new complex pub monopoly which may be just as harmful as the monopoly enjoyed by the former British brewers until the late 1980s. In November Punch Taverns announced that it was buying its rival Pubmaster for GBP1.2 billion (EUR1.7 bn) which makes it, temporarily at least, the country’s biggest tenanted and leased pub owner. The deal, worth approx..
Europe/Russia
For years Shepherd Neame’s advertising slogans for its Spitfire beer brand have raised eyebrows. The brand which was introduced in 1990 to commemorate the Battle of Britain has been promoted with German-bashing slogans such as "No fokker comes close" or "Have the sunbeds, we’re off to the bar". For those not familiar with German habits, just visit hotel pools around the Mediterranean. Germans tend to reserve their sunbeds and deckchairs before dawn so that others - the Brits, for example - will have to make do with, well, nothing. Incidentally, Germans have never complained about the controversial beer ads, which goes to show that they must have a sense of humour after all.
In any case - it is the Faversham-based family brewer and pub operator itself that has made headlines recently.
Europe/Russia
In November the Board of Directors of Carlsberg Sweden decided to transfer the production of beer and soft drinks from the former Pripps brewery in Stockholm to Falkenberg and to a lesser extent to Copenhagen.
The transfer of the production will take place gradually, and the process is to be completed during October 2004 according to an official statement. It is hoped that this decision will improve Carlsberg Sweden’s operating profit by approx. SEK70 million (EUR7.8 m) coming into full effect in 2005. Once the transfer has been completed, the brewery site will be sold.
With the closure of the brewery, about 300 jobs will be shed in Stockholm, however, approx. 60 new jobs will be created in Falkenberg. One-time costs related to the restructuring have not been specified..
Europe/Russia
Oh dear, oh dear. So much for clean image of Nordic businessmen. Once they were considered to have impeccable ethics, but recent scandals, which also involve Sweden’s alcohol monopoly retailer, Systembolaget, tell a different story: one of greed and corruption, to be precise. The pressure on the CEO Anitra Steen and the board of Systembolaget to crack down on corporate sleaze has grown more intense. According to reports in Sweden, Systembolaget, which operates 420 stores around the country serving about 2 million customers every week, has sacked 40 retail branch managers for taking cash from drinks companies in return for stocking their products. One report even alleged that up to one in five managers may be involved in the escalating scandal..
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BRAUWELT on tour
Most Read
BRAUWELT on tour
