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SABMiller aiming for 100% stake in Kompania Piwowarska
SABMiller, the second largest global beer producer, intends to acquire a stake of around 30% in Kompania Piwowarska, the largest brewer in Poland, from Jan Kulczyk, the well-known Polish investor. In turn, Mr Kulczyk will receive 3.8% of SABMiller shares, worth around $1.1bn. As a result of the transaction, SABMiller will become the sole owner of the Kompania Piwowarska group, which owns popular brands such as Tyskie, Zubr and Lech.
SABMiller accounts for 13% of the global beer market and sells brands such as Grolsch, Miller and Pilsner Urquell. During the 2008/2009 fiscal year which ended in March 2009 the company’s sales increased by around 6% to $25.3bn, whereas net profit declined by 7% to around $1.9bn, year on year. Kompania Piwowarska’s share of the Polish beer market increased from 40.3% in 2007 to 43% in 2008. Its sales revenues and net profit increased by 4.7% and 2.4% to PLN 4.7bn (€1.05bn) and PLN 757m (€169m) respectively.
written on 20.05.2009 um 05:52.
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Molson Coors Introduces New Summer Brews
23.05.12 - With peak summer selling season right around the corner, Molson Coors Brewing Company is showcasing a global lineup of product and packaging innovations designed to deepen consumer connections to core brands like Coors Light, Miller Lite, Molson Canadian and Carling, as well as build its portfolio to meet emerging consumer demands. From Coors Light Iced T to Cold Activated Aluminum Pints and a new Blue Moon beer, the summer selection of cold, refreshing brews is heating up. [more]
Grainexx Market Report 21/2012
23.05.12 - There will be nothing really new on Greece for the next 4 weeks until we know an election result. Various scenarios are being played with at the moment, both by politicians and analysts. Squeezing out the Greeks from the Euro zone is legally not possible, and a voluntary exit could be suicidal. [more]
Ukraine Seeks 4 Million-Ton Barley Agreement With Saudi Arabia
22.05.12 - Ukraine is seeking to reach agreement with Saudi Arabia on supplying as much as 4 million metric tons of barley to the Middle East country, Agriculture Minister Mykola Prysyazhnyuk said. Saudi officials will arrive in Ukraine next month to discuss an accord, Prysyazhnyuk said in a statement e-mailed yesterday. [more]
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