APB Forays Into Indonesia, New Caledonia
Asia Pacific Breweries (APB) has completed the acquisition of 65.1% interest of Heineken International (Heineken) in PT Multi Bintang Indonesia (MBI) and 87.3% interest of Heineken in Grande Brasserie de Nouvelle Caledonie (GBNC). The company has also acquired the Bintang brand, including Bintang trademarks.
The company has disposed the entire issued share capital of its two wholly-owned Indian operations, Asia Pacific Breweries (Aurangabad) and Asia Pacific Breweries-Pearl to Heineken.
Roland Pirmez, CEO of APB said, This milestone marks a significant boost to our position as a leading brewery Group in the Asia Pacific, our bottom line and growth prospects. Not only have we expanded our regional footprint to Indonesia and New Caledonia, we are now able to participate in the two profitable beer markets via market leaders, MBI and GBNC.
“More importantly, both MBI and GBNC have good track records of profitable growth which will be immediately accretive to APB's earnings.
According to APB, this transaction consolidates its position in ASEAN as the company's entry into Indonesia is a critical expansion of its footprint in the region, while the penetration into New Caledonia strengthens APB's presence in the South Pacific where it will capitalise on and access markets and opportunities for growth and future expansion.
With the addition of Indonesia's Bintang brand and New Caledonia's Number One brand, APB will further extend its beer brand portfolios, which already comprises international names such as Tiger and Heineken. Meanwhile, Tiger will continue to be made available in India. Discussions are in progress to ensure continuity of its presence there.
With the conclusion of the deals, APB is now supported by 36 brewery operations in 13 countries. APB's footprint includes Singapore, Malaysia, Cambodia, China, Thailand, New Zealand, Laos, Vietnam, Papua New Guinea, Sri Lanka, Mongolia, Indonesia and New Caledonia.
Related Insight
Suppliers Directory
Non-alcoholic Fruit Juice Energy & Sports Drinks Dairy Hot Drinks Soft Drinks Bottled Water
Technology Brewing Catering Equipment Packaging Process Technology
Markets & Regulations Markets Regulatory & Safety
Beer Intelligence
Until recently, the beverages market was divided simply between alcoholic and non-alcoholic beverages. As consumers’ tastes grew more sophisticated and demand surged for a variety of beverage options catering to lifestyle changes and health concerns, the beverages industry has responded with a dizzying array of options to choose from. This report focuses on the U.S. and world markets for beverages across several broad categories. For the purposes of this study, TriMark Publications has divided the global beverages markets into the following product segments include: 1) alcoholic beverages such as wines, beers and spirits; 2) non-alcoholic beverages such as bottled water and milk; 3) brewed beverages such as coffees and teas; 4) carbonated beverages such as sodas and soft drinks; 5) non-carbonated juice products both fresh and pre-packaged; and 6) energy drinks which are generally caffeinated beverages in both carbonated and non-carbonated forms. For each market segment, this study presents the latest information on size, growth rates, sales projections and factors influencing growth in the U.S. and internationally. Reports Buy online from $449
Comments may be moderated for spam, obscenities or defamation.