Chile: CCU acquires Nestle’s stake in Aguas CCU-Nestle Chile
Compania Cervecerias Unidas (CCU), the Chilean drinks company, has signed a Share Purchase Agreement to acquire Nestle Chile S.A.’s 49.9% equity interest in their joint venture, Aguas CCU-Nestle Chile. As CCU already held a 50.1% stake in the business through its subsidiary Embotelladoras Chilenas Unidas, the transaction gives CCU 100% ownership of the firm. Aguas CCU-Nestle […]
Colombia: Central Cervecera de Colombia introduces Andina beer
Central Cervecera de Colombia (CCC), a joint venture aimed at tapping demand for beer and malted drinks in Colombia, has announced the launch of a new brand called Andina and has also revealed plans to start producing international beer brands in its new plant. The CCC joint venture was formed in 2014 by Chile’s Compania […]
Colombia: CCU and Postobon SA join forces to target the beer market
The Colombian alcoholic drinks market is set for the debut of Central Cervecera de Colombia, a new joint venture aimed at tapping demand for beers and malted drinks in the country. According to a statement sent on Monday to the Chilean Securities and Insurance Regulator, Chile’s Compania de las Cervecerias Unidas (CCU) and Postbon SA, Colombia’s largest soft […]