PowertrainCN2 & GVCN2_BANNER_680x180
680_180
AMEMEA1_BANNER_680x180
Manufacturing-journal
EMS-18_Animation_Journal-25
Stainless Band_Manufacturing Journal MPU_v1
SmartManufacturingLogo
Previous Next

HEINEKEN to acquire a majority stake in leading Slovenian brewer Pivovarna Laško d.d.

Heineken N.V. ("HEINEKEN") today announces that it has signed a binding agreement with a consortium of shareholders to acquire 4,471,054 shares in Pivovarna Laško d.d. ("Pivovarna Laško"), representing 51.11 percent of the issued share capital, for a price per share of EUR25.56, or a total consideration of EUR114.3m.

Completion of the acquisition is subject to customary regulatory approvals and will be followed by a mandatory takeover offer extended to all remaining shareholders.

Pivovarna Laško is Slovenia's leading brewer. Slovenia is centrally positioned between other markets where HEINEKEN has operations. The company operates two modern and well-invested breweries and owns and brews the renowned Laško and Union beers, with strong heritage across the Adria region.

                                                                                  

Commenting on the proposed transaction, Jean-François van Boxmeer, Chairman of the Executive Board and CEO of HEINEKEN, said, "This acquisition strengthens our position within the region and will bring two complementary strong local brands into our existing portfolio. We are very much looking forward to welcoming Pivovarna Laško as a successful member of our group."  

Dušan Zorko, CEO of Pivovarna Laško said, "The acquisition by HEINEKEN as a strategic investor allows Pivovarna Laško to continue building our historic local brands and to develop our position in regional export markets, as well as give an opportunity to better utilise our production capacities. We are excited about being part of one of the most successful brewery groups in the world. This will enable Pivovarna Laško to focus on and grow its core business." 

seattle property management