SLOVENIA: Heineken to pay 115 million euros for 51% stake in Slovenian brewer Pivovarna Laško | Progresiv
Heineken has signed “a binding agreement” with a consortium of shareholders to acquire more than 51% of the Slovenian beermaker Pivovarna Laško. 
The group will pay 25.56 euros per share for more than 4.47m shares in Slovenia’s leading brewer, representing a total investment of 114.3 million euros. The acquisition remains subject to regulatory approval and will be followed by a mandatory takeover offer extended to all remaining shareholders, Heineken said.
The move will allow Heineken to enhance its position in Slovenia, which is strategically located between other markets where it has operations. Pivovarna Laško “operates two modern and well-invested breweries and owns and brews the renowned Laško and Union beers, with strong heritage across the Adria region,” the Amsterdam-based company added. (www.foodbev.com)
