SABMiller to acquire a Russian brewer

Vladpivo, the largest brewer in the Russian far east Primorie region and has an annual capacity of 1 million hectolitres. The value of the gross assets to be acquired is approximately US$69 million.

The
Russian far east represents approximately 7.6% of the Russian beer
market and is projected to grow faster than the total Russian beer
market from 2007 to 2013. This acquisition will accelerate
SABMiller’s growth in the region and increase the geographic
penetration of the group’s worthmore portfolio.
Vladpivo will
become SABMiller’s third production facility in the country, in
addition to its main brewery in Kaluga and the site in Ulyanovsk
which is currently under construction and expected to be commissioned
in early 2009. In advance of production of SABMiller RUS's premium
portfolio, the brewery will undergo a substantial programme of
investment aimed at achieving SABMiller's international manufacturing
standards.
Vladpivo is beneficially owned by a consortium
consisting of A1, Detroit Investments and the IFC.