Brewing giant SABMiller (SAB.L: Quote, Profile , Research) said on Friday its Polish subsidiary had agreed a 65 million euro ($89.10 million) deal to buy brewer Browar Belgia from Belgium's Palm Breweries NV.
SABMiller, whose beers include Miller, Peroni and Castle, said the acquisition would help it keep pace with growing demand for its Polish subsidiary's beer adding that the deal was subject to approval from Polish competition authorities.
Browar Belgia brews Wojak, Gingers and Frater beers and has annual production capacity of more than 1 million hectolitres at its brewery in south east Poland
No comments:
Post a Comment