Heineken Completes Stake Purchases in Lagunitas, Slovenian Brewery

Heineken continues to expand its global beer portfolio.

The company announced today that is has closed on the purchase of a 50-percent stake of U.S. craft brewery Lagunitas. This follows fulfilment of conditions agreed upon last September, when the intention to enter into a partnership with was announced.

Heineken also officially acquired a majority share of Pivovarna Laško d.d. — the largest brewery in Slovenia — for a price of about $29 per share.

 A total number of 4,673,941 shares were acquired from a consortium of shareholders representing 53.43 percent of the issued share capital, for a total consideration of about $135.58 million. Heineken will formally announce its intention to make a mandatory takeover offer to all remaining shareholders within the coming three business days.

Heineken acquired the Jamaican beer brand Red Stripe earlier this month.

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