S&N acquisition completes

29 April, 2008

The Carlsberg and Heineken Consortium has officially completed its acquisition of Scottish & Newcastle.

The Carlsberg and Heineken Consortium has officially completed its £7.8 billion takeover of Scottish & Newcastle.

The Edinburgh-based brewer closed its doors this morning as S&N after 250 years of brewing under that name.

Under the terms of the deal Carlsberg will acquire S&N's 50% of the BBH joint venture, Brasseries Kronenbourg in France, Mythos in Greece and S&N's investments in Vietnam and China.

Heineken will acquire S&N UK, Central de Cervejas in Portugal, Hartwall in Finland, Alken Maes in Belgium, the majority of S&N's export markets and the company's investment in United Breweries in India.

Following the acquisition, S&N managing director Jeremy Blood, was appointed managing director of Heinekenís UK business.

Blood will remain in Edinburgh and report to Didier Debrosse, Heinekenís regional president of Western Europe.




Bookmark this


Site Search

COMMENT

Talking terroir

When Bordeaux was in fashion, it seemed almost logical that we should fetishise winemakers. Here were people responsible for brilliant acts of blending, across large estates and multiple grape varieties, including superstars such as cabernet sauvignon and merlot. These days, fashion has moved on and pinot noir is ascendant. As a result, the star of the winemaker has fallen and we find ourselves following a new star in the sky: terroir.

Click for more »
Upcoming events

Polls

Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know

Facebook

Twitter