Printer Friendly
The Free Library
14,587,647 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Heineken Joint Venture Acquires Wuerzburger Hofbraeu in Germany.


AMSTERDAM, Netherlands -- Heineken N.V. announced today that Kulmbacher Brauerei AG, a subsidiary of Brau Holding International AG (the joint-venture between Heineken (49.9%) and Schoerghuber Corporate Group (50.1%), has made a binding offer to acquire 90.7 % of the shares of Wuerzburger Hofbraeu AG.

The acquisition price is EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 34 million. The transaction is subject to regulatory approval.

Jean Francois van Boxmeer, member of the Executive Board of Heineken N.V. commented: "With this acquisition we further expand our presence in one of the world's biggest beer markets, by forming a strong chain of leading regional breweries This article or section may contain original research or unverified claims.

Please help Wikipedia by adding references. See the for details.
This article has been tagged since September 2007.
 in Southern Germany The term Southern Germany (German: Süddeutschland) is used to describe a region in the south of Germany. The exact area defined by the term is not constant, but it usually includes Bavaria, Baden-Württemberg, and the southern part of Hesse. , offering regional premium beer brands."

The Wuerzburger Hofbraeu, founded in 1643, is located in the northern Bavarian region of Franconia, Germany. The company owns two breweries See for an up to date listing of all the breweries detailed on Wikipedia, sorted into regions.

Africa
See for a list of all African breweries listed on Wikipedia.


Asia
See for a list of all Asian breweries on Wikipedia.
, in Wuerzburg and in Poppenhausen, and is the main brewer in the region with a sales volume of 360,000 hectolitres.

The brand portfolio includes the company's leading brand Wuerzburger Hofbraeu and the brands Werner Braeu, Lohrer Bier bier  
n.
1. A stand on which a corpse or a coffin containing a corpse is placed before burial.

2. A coffin along with its stand: followed the bier to the cemetery.
 and Waechtersbacher.

Editorial information:

Heineken N.V. is the most international brewer in the world. The Heineken brand is sold in more than 170 countries and the company owns over 115 breweries in more than 65 countries. With a total volume of 109 million hectolitres Heineken ranks second in the world beer market in profitability. Heineken strives for an excellent sustainable financial performance through marketing a portfolio of strong local and international brands with the emphasis on the Heineken brand, through a carefully selected combination of broad and segment leadership positions and through a continuous focus on cost control. In 2003 net turnover amounted to EUR 9.3 billion and net profit to EUR 798 million. Heineken employs over 60,000 people.

For further information regarding Heineken N.V.: www.heinekeninternational.com

For 50 years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 Schoerghuber Corporate Group has been involved in the business divisions hotel, aircraft leasing, beverages, real estate and construction with great success. Numerous companies with approximately 5000 employees are part of this corporate group, whose field of activities has been expanding onto international terrain since the 1980's. The Brau Holding International AG is the main holding for the beverage business division and is one of Germany's leading beverage enterprises. Its holdings include Munich's traditional brewery group, "Paulaner Brauerei Gruppe", the Kulmbacher Group and Karlsberg. In the beer sector alone, the company is represented by such well-known brands as Paulaner, Hacker-Pschorr, Thurn und Taxis taxis (tăk`sĭs), movement of animals either toward or away from a stimulus, such as light (phototaxis), heat (thermotaxis), chemicals (chemotaxis), gravity (geotaxis), and touch (thigmotaxis). , Auerbraeu, Kulmbacher, EKU EKU Eastern Kentucky University
EKU Earliest Known Use (philatelic designation)
EKU Extended Key Usage (digital certificates)
EKU Eberhard-Karls-Universität
, Moenchshof, Kapuziner, Sternquell,Braustolz, Fuerstenberg, Hoepfner, Karlsberg and Koenigsbacher.

For further information visit www.schoerghuber-unternehmensgruppe.de
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:4EUGE
Date:Jan 21, 2005
Words:423
Previous Article:Celanese Corporation Prices Initial Public Offering of Series A Common Stock at $16.00 per Share and Prices an Offering of 4.25% Convertible...
Next Article:Technip Awarded Flowline Installation Work for Kerr-McGee's Ticonderoga Field in the Gulf of Mexico.
Topics:



Related Articles
Targor PP Process Goes to Equistar.
Krupp Werner & Pfleiderer Merges with Buss & Waeschle.(Krupp Werner and Pfleiderer GmbH, Buss Compounding Systems, Waeschle Maschinenfabrik...
Hayes Lemmerz sells Schenk Foundry to Metallwerke KloB. (Acquisitions).(Brief Article)
Beer crusade. (Panorama).(Heineken seeks major share in beer market through acquisitions, Latin America)(Brief Article)
MTI agrees to joint venture with Germany-based ZF Sachs.(Industry News)
Degussa acquires CYRO Industries.(Business & Industry)
Rheinmetall.(Business)
New firm gets Ticona's Topas COC.(Your Business: In Brief)
GE divests silicones business.(Your Business: In Brief)
Interseroh expands, extends its business.(SCRAP INDUSTRY NEWS)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles