Heineken Completes Stake Purchases in Lagunitas, Slovenian Brewery

Heineken Zoeterwoude. (Photo by Jasper Juinen for Heineken)

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.

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 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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