The European Commission has approved the purchase of Borsodi Brewery

The European Commission has approved for the CVC Capital Partners investment group, to buy the InBev’s Central-European interests, including the Borsodi brewery.

The U.S. origin international private equity fund, the CVC payed 2.23 billion USD for the firms. As the result of the transaction, the buyer will own eleven plants in Bulgaria, the Czech Republic, Croatia, Hungary, Montenegro, Romania, Bosnia-Herzegovina, Serbia and Slovakia.
CVC’s aim is to play a determining role in the regional market, with its strong international and regional brands, such as Stella Artois, Beck's, Löwenbräu, Spaten, Leffe, Hoegaarden and Staropramen – reports Origo after MTI.