Sunday, June 17, 2007
Heineken Buys Czech Brewer
While all eyes have been on the proposed sale of Budejovicky Budvar, Heineken NV has swooped in and grabbed up Krusovice Brewery in the Czech Republic.
Krusovice was owned by the Radeberger Gruppe KG. The company sold 70 million liters of beer last year, including an enjoyable dark lager. With the purchase Heineken says its share of the Czech market will grow to 8 percent. Regulators must approve the deal.