Announced
Financials
Sources
Tags
beer brewing
Pending
Friendly
Joint Venture
Cross Border
Private
Brewers
Single Bidder
Majority
China
Synopsis
BrewDog, a multinational brewery and pub chain based in Ellon, Scotland, and Budweiser, a brewing company, agreed to form a joint venture. Financial terms were not disclosed. The long-term agreement will focus on expanding the BrewDog brand across Greater China and allows the Scottish brewer to capitalise on rapid market growth in the country.
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