Japan’s Asahi Group Holdings, has agreed to acquire five Eastern European beer brands formerly owned by SABMiller for ¥900bn yen ($7.81bn).
The assets which were acquired from AB InBev includes Czech market leader Pilsner Urquell, Tyskie and Lech in Poland, Hungary’s Dreher, Ursus in Romania and Topvar in Slovakia.
Japan’s Asahi Group Holdings is said to be planning to offer more than ¥500bn yen ($4.87bn) for SABMiller’s remaining breweries in eastern Europe, according to a report in today’s Nikkei Asian Review.
Anheuser-Bush InBev will close on the deal to acquire SABMiller on Monday 10th October 2016. AB InBev plans to open bidding soon after for SABMiller’s unsold east European brands. As part of AB InBev getting approval from European anti-trust regulators to acquire SABMiller, the brewer was told to divest itself of SABMiller’s European brands.
Sebastian Kulczyk, a Polish billionaire and his company, Kulczyk Investments are likely partners with a team of private equity funds, in a potential joint bid for SABMiller’s central and east European brands, Puls Biznesu daily, a Polish daily newspaper reported on Thursday.
The breweries located in the Czech Republic, Poland, Hungary, Romania and Slovakia are to be sold by AB InBev, as part of agreement reached with European Union antitrust regulators for the takeover of SABMiller.
American and European buyout funds are preparing to bid for SABMiller’s remaining eastern European beer assets with some working to pull resources together to buy up the brands.
The breweries located in the Czech Republic, Poland, Hungary, Romania, and Slovakia are to be sold by AB InBev, as part of agreement reached with European Union antitrust regulators for the takeover SABMiller.
Brewing giant, Anheuser-Busch InBev (AB InBev) has offered to sell SABMiller’s Central and Eastern European brands, including Pilsner Urquell as part of efforts to gain regulatory approval for its planned acquisition of SABMiller.
