Spectator on facebook

Spectator on facebook

Japanese will take over Topvar brewery

The company produces beer brands Topvar, Šariš, Smädný Mních and Birell.

Illustrative stock photo(Source: Sme)

Japanese brewery Asahi will buy several firms in central and eastern Europe currently owned by SABMiller, including Pivovary Topvar in Slovakia, for €7.3 billion.

Thanks to the purchase, it will boost its presence in the region in the largest international beer deal by a Japanese brewer, the Reuters newswire reported.

The sale of activities of SABMiller in the Czech Republic, Poland, Hungary, Romania and Slovakia is part of the conditions for acquisition of the firm by Anheuser-Busch InBev which was completed in October, according to the ČTK newswire.

“Company AB InBev announced today that it made a bonding agreement with Asahi Group Holdings on selling the plants in the Czech Republic, Slovakia, Poland, Hungary and Romania, and other related assets which were owned by SABMiller before the merger with AB InBev,” Jitka Němečková, spokesperson for Plzeňský Prazdroj company, told ČTK.

The agreement still needs to be approved by the European Commission. This may take place in the first half of 2017, she added.

Asahi has already agreed on taking over some SABMiller brands, like Peroni and Grosch, for which it will pay €2.55 billion. This is also part of the acquisition deal, ČTK wrote.

The Czech Ihned.cz website reported already on December 12 that Asahi submitted the highest bid for the sale, while the Lidovky.cz website later informed that investment group PPF of Czech millionaire Petr Kellner and J&T group of Patrik Tkáč dropped out of the competition.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

UPDATED: Police investigate protest organisers over Soros allegations

The National Criminal Agency wants to see the accounts of the protest organisers due to a criminal complaint alleging they are paid by George Soros.

All eyes on Humenné: The symbol of Smer's decline

The loss of Smer's Jana Vaľová in the mayoral race has become symbolic of the 2018 municipal vote.

Jana Vaľová

"Pick your own" strawberries in November Photo

There are about three tonnes near Piešťany. They are hard but still sweet.

November strawberries

Tom Odell surprised Slovak band in Bratislava Video

The British artist was wearing a T-shirt, presented to him by the Tolstoys, from start to finish at his Bratislava concert.

Tom Odell