E-Malt.com News article: Poland: Bryggerigruppen completes the acquisition of assets and activities from Browary Polskie Brok-Strzelec

The Danish Brewery Group (Bryggerigruppen) A/S announced on April 27 it has completed the acquisition of assets and activities from Browary Polskie Brok-Strzelec S.A.

On April 4 2005 The Danish Brewery Group announced its acquisition of assets and activities from the Polish brewery business Browary Polskie Brok-Strzelec S.A. was subject to, among other things, approval from the Polish competition authorities. The required approvals have now been obtained and the transaction has been completed.

The Danish Brewery Group’s CEO, Poul, Moller said: “The acquisition of assets and activities related to Brok-Strzelec and the establishment of regional brand positions in Poland are elements of the realisation of MACH II, the new strategic platform of The Danish Brewery Group. In connection with the acquisition, The Danish Brewery Group also acquired 48% of the share capital of Perla-Browary Lubelskie S.A., a regional beer brand that is strong in the Lublin area.” The deal with Perla-Browary Lubelskie values DKK106 million.

Bryggerigruppen agreed to pay DKK217 million (US37.6 million) for the brewery-related assets and activities of Polskie Brok-Strzelec.


30 April, 2005