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SABMiller joint venture to buy Chinese breweries for $863 million
date:Feb 06, 2013
SABMiller said on Tuesday. The other breweries are in Sichuan, Shaanxi and Tianjin.

SABMiller said last month lager sales fell in China in the final three months of 2012 as the country's coldest winter in 28 years hit demand and, as a consequence, the group's growth.

The acquisition of Kingway (assets) gives us greater access to high growth and attractive regional markets in China, thereby enhancing CR Snow's competitive position, SAB Asia Pacific managing director Ari Mervis said.

KINGWAY E

12/25 16:14