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S&N's Russian arm buys Belarus brewer
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BALTIC Beverages Holding (BBH), the fast-growing east European
brewer jointly owned by Scottish & Newcastle (S&N) and Carlsberg of
Denmark, yesterday bought a share of a brewery in Belarus.
BBH said that it had bought a 30 per cent stake in privately held
Belarussian brewer Olivaria for an undisclosed price.
The European Bank for Reconstruction and Development has been a
major shareholder in Olivaria since 2005.
BBH said: "As part of the continuing development of the business,
the current shareholders have been looking for an international
partner. After the capital increase EBRD will have ...
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