November 29, 2010
SABMiller has acquired the third largest brewer in Argentina. According to
SABMiller has acquired the third largest brewer in Argentina. According to an analyst report, the global brewer’s acquisition of CASA Isenbeck from Germany’s Warsteiner Group was likely valued at around $43m, and may be a prelude to an entrance into the Brazilian market. Rothschild is heard to be the advisor to SABMiller. The deal represents a significant incursion into territory controlled by Anheuser-Busch InBev, which owns 74% of the Argentine market.