Browary Warszawskie gone for a song to Brau Union?
It is rumored the Austrian brewing-concern Brau Union has acquired a 98%
stake in domestic-brewery Browary Warszawskie, whose board may have bought
shares from its employees, and then sold them at a profit to Brau Union. The
total deal is estimated to be about zl. 165 million, which analysts say is
cheap. Browary Warszawskie has a 3% market-share and with this purchase,
Brau Union would control 8% of the market. Currently, it is the
third-largest brewery, after Grupa Zywiec and Kompania Piwowarska.
(Rzeczpospolita, Aug. 5-6, page B2) J.K.