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Belgium's Interbrew buys majority of Hungarian brewer.

As the scramble to buy up bits and pieces of struggling Eastern European breweries continues, Belgium's Interbrew S.A. joined the fray with the purchase of a majority stake in one of Hungary's largest beer producers.

According to Interbrew, the brewer acquired a 52-percent stake in Borsodi Sorgyar, a beer and soda producer based in Bocs, Hungary. A state agency controls the remaining 48 percent of the brewery.

Borsodi, which produces Vilagos beer, as well as Coca-Cola, 7-Up and Canada Dry Ginger Ale under contract, claims a 28-percent market share in Hungary's beer industry.

Earlier this year, the Netherland's Heineken N.V. bought up a 50.3-percent share of Komaromi Sorguar RT, a smaller Hungarian brewery.
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Title Annotation:Borsodi Sorgyar
Publication:Modern Brewery Age
Date:Nov 11, 1991
Words:116
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