Asian brewers, KKR-led Investors Vying for East Europe Beer Brands

10/24/16

Asian brewers Asahi Group (2502.T) and China Resources (0291.HK) and a consortium of KKR (KKR.N) and Mid Europa Partners are among several parties preparing bids for a group of beer brands being sold by Anheuser-Busch InBev(ABI.BR), sources familiar with the matter said on Thursday.

The brands, which include Pilsner Urquell in Czech Republic and Tyskie and Lech in Poland, are worth more than 5 billion euros ($5.5 billion). They were offered for sale earlier this month as part of AB InBev’s $100 billion-plus takeover of SABMiller, which recently closed.

The portfolio has also drawn interest from private equity firm Advent International, which in March raised a $13 billion fund, the sources said, speaking on condition of anonymity.

READ FULL ARTICLE HERE

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.