Asahi acquires European beers from AB InBev

Posted by AFN Staff Writers on 19th December 2016
Beer 3

Japanese beverage giant, Asahi, has acquired AB InBev’s central and eastern European assets which were previously owned by SABMiller.

The acquisition cost Asahi US $7.8 billion and covers a variety of beers sold in the Czech Republic, Slovak Republic, Poland, Hungary and Romania. Pilsner Urquell, Kozel and Tyskie beers are included in the acquisition.

South African-originated brewer, SABMiller, formerly owned the beers acquired by Asahi. In October 2015 Belgium’s AB InBev proposed to takeover SABMiler for a suspected US $108 billion.

AB InBev is the world’s largest brewer whilst SABMiller is the second largest. Asahi is Japan’s largest brewer.

In a statement issued with the acquisition announcement, Asahi said it entered into the acquisition with the aim “to establish a distinct position as a global player that leverages its strengths originating in Japan.”

AB InBev having acquired SABMiller in October 2016 follows the SABMiller acquisition of Australian Brewery, Fosters, in September 2011.

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