FDBusiness.com

Bavaria Acquires Belgian Craft Brewer

 Breaking News
  • Nestlé Inaugurates New Nescafé Dolce Gusto Production in Vietnam Nestlé has inaugurated a new Nescafé Dolce Gusto capsule production line in Dong Nai Province, Vietnam. The site will process an expected 2,500 tons of coffee per year (equivalent to 130 million capsules), using high quality coffee beans from Vietnam. This volume is expected to increase in the coming years. The investment reflects Nestlé’s clear focus on high-growth, [...]...
  • Pink Lemonade Yogurt? Arla Brings Indulgence to New Markets Arla Foods is to expand its successful Finnish brand, Ihana, into new markets with the premium yogurt range being launched in Denmark and the UK. Meaning ‘wonderful’ in Finnish, Ihana was launched through an extensive brand launch in 2016 in Finland with an iconic new design. Indulgence is one of the few areas in growth within [...]...
  • Process Components Announces Kemutec Expansion into Netherlands Process Components has announced the expansion of subsidiary company Kemutec in Europe, with the long-established manufacturing brand opening a new office in the Netherlands. The move forms a key part of its global strategy to extend its global territories, significantly grow its revenues and create new jobs. Kemutec has more than three decades’ worth of heritage in [...]...
  • Packaging Automation Supports the Reduction in Plastic Packaging Waste With the launch of the UK Plastics Pact to address the impact plastic waste is having on the environment, retailers and manufacturers are more conscious of single use and non-recyclable plastics and want to cater for the green consumer. The industry is turning to various kinds of eco-friendly packaging with the aim of reducing plastic [...]...
  • Glanbia Cheese Joint Venture to Build New €130 Million Mozzarella Cheese Facility Glanbia Cheese, the joint venture business between Glanbia plc and Leprino Foods, plans to build a new, world-class mozzarella cheese manufacturing facility in Portlaoise, County Laois, Ireland. A site for the new facility has been identified at the recently established Togher National Industrial Estate in Portlaoise. A total of €130 million will be invested in [...]...

Bavaria Acquires Belgian Craft Brewer

Bavaria Acquires Belgian Craft Brewer
May 16
14:49 2016

Bavaria, the largest independent brewery in the Netherlands, has acquired a 60% majority interest in Belgium-based Palm Belgian Craft Brewers for an undisclosed amount. The Palm Belgian Craft Brewers brewery group has a joint production capacity of one million hectolitres and sales of €53 million. Bavaria has an annual production of more than 6 million hectolitres of beer, 65% of which is exported, and net sales of more than €400 million.

The acquisition is in line with Bavaria’s strategy to become the ultimate portfolio player. For Palm Belgian Craft Brewers the co-operation means a strengthening and acceleration of the growth strategy that has already been initiated. Palm Belgian Craft Brewers has a wide assortment of specialty beer brands, including Palm, Rodenbach, Brugge, Steenbrugge, Cornet, Arthur’s Legacy and Estaminet.

BavariaBavaria is active in 120 countries, with brands such as Bavaria Premium, Swinckels’ and 8.6. By merging with Bavaria, Palm Belgian Craft Brewers will gain access to Bavaria’s international network, and Bavaria will increase its access to Belgian retail channels and the hospitality sector. In the months to come, both parties will work on merging the two family-owned breweries.

Jan-Renier Swinkels, head of the board of Bavaria, comments: “Belgium is the pre-eminent specialty beer country. We are proud of this cooperation and the merging of two wonderful family-owned companies that each have a centuries-old history. Palm Belgian Craft Brewers has developed a rich assortment of specialty beers during this time. This assortment is complementary to our brands, which is why this cooperation fits with our strategy of becoming the ultimate portfolio player. Palm has an important position in the Dutch market, and we see opportunities for further international growth.”

Palm Belgian Craft Brewers will be a part of Bavaria, which will increase its ownership to 100% by 2021.

Jan Toye, owner of Palm Belgian Craft Brewers, says: “This is an important milestone for us. Brewing Belgian specialty beer has been our family tradition since 1686. After Palm’s strong growth, we strengthened our position through a number of acquisitions and innovations. In order to maximise our international distribution power, we went in search of a strategic partner, and Bavaria immediately felt like a ‘perfect fit’ due to the many synergies we encountered.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements