:. Food Industry News

Categories: Mergers and Acquisitions

Spendrups Acquires Hellefors, Becomes Sweden's Largest Brewery

Source: FLEXNEWS
05/05/2008

5 May 2008 – Spendrups Bryggeri AB has agreed to acquire Bergslagen-based Hellefors Bryggeri AB in a move which creates Sweden's largest brewery, Spendrups has said in a statement.

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Family-owned Hellefors Bryggeri produces cider and soft drinks for the Swedish and Finnish markets, whilst Spendrups Bryggeri manufactures and sells beer, cider and soft drinks under various brands, such as Heineken, Loka and Spendrups.

The companies complement each other well: Spendrup sees strong growth potential in Hellefors’ own brands, a sector it wishes to focus on, and it can call on its financial resources and strong market position to help Hellefors grow.

Financial details of the deal weren’t disclosed.



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