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Beerworkers Archive


Post date: 07/26/2016 - 17:19

Anheuser-Busch InBev seeks single buyer for Eastern European beers

Anheuser-Busch InBev wants to offload SABMiller's Eastern European beer assets as one package rather than piecemeal, according to a report.

The brewer, which is on the verge of completing its takeover of SABMiller, wants to avoid a break-up of the beer brands, Reuters has reported today. Private-equity funds that are examining the prospect of a sale may have to team up to afford the expected EUR7bn (US$7.7bn) price tag, the report said, citing sources familiar with the matter.

Anheuser-Busch InBev wants to offload SABMiller's Eastern European beer assets as one package rather than piecemeal, according to a report.

The brewer, which is on the verge of completing its takeover of SABMiller, wants to avoid a break-up of the beer brands, Reuters has reported today. Private-equity funds that are examining the prospect of a sale may have to team up to afford the expected EUR7bn (US$7.7bn) price tag, the report said, citing sources familiar with the matter.

The report said the sale is expected to take place in September after AB InBev completes the SAB deal. US and European private-equity funds are reportedly poised to bid on the assets, which include Czech market leader Pilsner Urquell.

According to Reuters, European private-equity fund Advent is one of the most determined to win the auction and has enough money to bid alone.

AB InBev announced the intended sale of SAB's total presence in Central and Eastern Europe in April. As well as Pilsner Urquell, the assets include fellow Czech beer Gambrinus, Hungary's Dreher and Slovakia's Topvar.