Heineken in Talks to Buy Kirin’s Brazilian Beer Business
23 Jan 2017 --- Heineken is in discussions with the Japanese group Kirin about the purchase of its Brazilian beer business. A deal with Heineken would be worth around $870m, according to the Japanese business title Nikkei. Kirin’s Brazilian beer business spans 12 breweries and was created in 2011 when Kirin paid $1.97bn for Brazil’s Schincariol brand. The Dutch brewer confirmed it was in talks about “a potential transaction in respect of Brazil Kirin” but said “there can be no certainty that an agreement will be reached”. The move comes as Heineken looks to make a major push beyond its core European market and counter the creation of a new beer giant following the tie-up between SABMiller by Anheuser-Busch InBev. Brazil is the third biggest market in the world, but sales of beer have fallen off amid the Brazilian economy enduring a difficult time. Economic struggles are thought to be the reason that Kirin is considering a sale of its Brazilian business. By acquiring the business, Heineken would become the number two player in Brazil, where AB InBev has around two-thirds of the market. Kirin, whose flagship beer is Schin, said that it was “reviewing all options”. It was previously reported that Kirin was talking to a number of companies about a possible sale of its underperforming Brazilian beer business. According to its latest financial figures, beer sales were up two percent by volume in Q3 at Heineken, with the Asia Pacific region the outstanding performer in the quarter. The two percent uplift in volume in Q3 beat the previous quarter uplift of 1.8 percent and was ahead of analysts’ expectations. To contact our editorial team please email us at editorial@cnsmedia.com 
Related ArticlesPackaging & Technology News UK consumer group highlights plight of unrecyclable plastics in supermarkets
20 Jul 2018 --- An invesitgation by UK consumer group Which? has found that nearly one-third of plastic packaging used in supermarkets is either non-recyclable or difficult to recycle, prompting the group to call on the Government to make clear and simple recycling labeling compulsory. Packaging & Technology News Ball partners with Brouwerij Homeland for ultra-minimalist craft beer can design
18 Jul 2018 --- Dutch craft beer brand Brouwerij Homeland Amsterdam has collaborated with Ball to create a unique, blank can design for its popular spelt beer. The cans utilize Ball’s 33-centiliter standard format, which is a popular choice amongst many craft brewers. Unlike other brands, Brouwerij Homeland Amsterdam has chosen to leave the 360-degree can canvas blank, creating a strong, stand-out design. The minimalist cans feature no printing or messaging, other than the name, date and alcohol percentage on the bottom of the can. Food Ingredients News Pardue Grain breaks ground on US$6.5m pulse processing facility in Montana, US
16 Jul 2018 --- Pardue Grain has broken ground on a new US$6.5 million pulse crop processing facility in Great Falls, Montana, US. The company's new 32,000 square-foot building will create a dozen jobs and expand its pulse processing operation including sorting, sizing, cleaning and bagging capabilities. Pardue's existing storage and transloading facility is located in Cut Bank, Montana. The expansion is expected to open in the fall of 2018, according to the company. Food Ingredients News Sustainable food policies: Major food players launch US alliance which will “shape what people eat”
16 Jul 2018 --- Four of the world's largest food companies have launched the Sustainable Food Policy Alliance, a new US organization focused on driving progress in public policies that shape what people eat and how it impacts their health, communities and the planet. Founding member companies include Danone North America, Mars Incorporated, Nestlé USA and Unilever United States. The four founding member companies have made broad updates to their portfolios in recent years, advancing issues like sodium and sugar reduction, responsible marketing, transparency and reducing their impact on the planet. Food Ingredients News Brexit report: Turbocharge exports, invest in innovation & restore productivity, urges FDF
13 Jul 2018 --- The UK food and drink industry needs help to “turbocharge” the sector’s exports and restore productivity levels to avoid falling behind other European countries once Britain has left the EU, that is according to the Food and Drink Federation (FDF). An industry-wide report highlights the key growth opportunities for the food and drink industry, the UK's largest manufacturing sector which contributes £28.2bn (US$37bn) to the economy annually, employs 400,000 people and is a key part of the nation's £110 billion (US$144bn) farm-to-fork food chain. |
