Heineken To Acquire Brasil Kirin
13-Feb-2017
- Netherlands
The transaction is expected to be dilutive to HEINEKEN's margin in 2017. Completion of the deal is expected in the first half of 2017.
Brasil Kirin has a particularly strong presence in the North and North East, where HEINEKEN currently has less exposure. Brasil Kirin also has a soft drinks business comprised of carbonated drinks, bottled water and other beverages. The soft drinks portfolio, includes the iconic Itubaína brand. (dpa)
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