Acquisition speculation grows as Budvar nears privatisation

27 August, 2008
Page 5 
Czech brewer Budejovicky Budvar will be the next state-owned drinks producer to be privatised.

Budvar will follow Sweden's Absolut into private hands when the Czech ministry of agriculture reveals the sell-off process later this year.

InBev and Anheuser-Busch are being tipped as potential bidders, although Carlsberg has money to play with following its share restructure earlier this year.

Budvar would also be a good regional fit for Heineken in central Europe .

A sale to InBev would create a powerful portfolio of international lager brands, with Budvar joining Stella Artois, Beck's and Brahma in the InBev portfolio.

For Anheuser-Busch, an acquisition would conclude long-standing trademark disputes around the world over the use of the names Bud and Budweiser, reported to cost Anheuser US$25 million a year in legal fees.

Comment

David Williams

Modern wine packaging’s in the bag

Most studies suggest they're considerably better for the environment. They’re more convenient, too, if you want to keep your wine fresh for more than a couple of days.

Click for more »

Events

Facebook

Twitter