The third largest Canadian brewer, Sleeman Breweries Ltd., announced its intention to brew Sapporo beers for sale in the US market, according to the signed agreement with Sapporo Breweries Ltd. (Tokyo, Japan) on September 12, 2002. The deal will be worth around USD 2.5 million. It will start in December 2002 and last for five years. Sleeman will need to add new brewing facilities in around three years.

This agreement will contribute in excess of $2.5 million in EBITDA annually to Sleeman over the contract term.

Sleeman joins Sapporo’s other international contract-brewing partners, namely Guinness for Ireland and Dafuhao for China.

17 September, 2002