Arnest Group completed the acquisition of the Russian operations of Heineken for €1.

Arnest Group, a manufacturer of perfumes, cosmetics and household products in aerosol packaging, completed the acquisition of the Russian operations of Heineken, a Dutch multinational brewing company, for €1. “We have now completed our exit from Russia. Recent developments demonstrate the significant challenges faced by large manufacturing companies in exiting Russia. While it took much longer than we had hoped, this transaction secures the livelihoods of our employees and allows us to exit the country in a responsible manner," Dolf van den Brink, Heineken Chairman and CEO.