Heineken Completes Acquisition of Majority Stake in Leading Slovenian Brewer
October 16
09:32
2015
Heineken has completed the acquisition of a majority 53.4% stake in Pivovarna Laško from a consortium of shareholders for €119.5 million. Pivovarna Laško is Slovenia’s leading brewer. The company operates two modern and well-invested breweries and owns and brews the renowned Laško and Union brands, which have a strong heritage across the Adria region.
Slovenia is centrally positioned between other markets where Heineken has operations.
Jean-François van Boxmeer, chairman and chief executive of Heineken, says: “This acquisition strengthens our position within the region and will bring two complementary strong local brands into our existing portfolio.”