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Lech, Tyskie beer merger will compete with Heineken

The move is aimed at becoming more competitive with Heineken-owned Zywiec Group which controls 38.8% of the market against 8.9% and 10.9% of Lech and Tyskie respectively. The new firm, Kompania Piwowarska, will be realized with the transfer of Lech assets to Tyskie in exchange for Tyskie shares. The main shareholders of both Lech and Tyskie are South African Breweries and EuroAgro-Centrum. (Parkiet, page 2, Prawo i Gospodarka, page 14)

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