Baltika is negotiating the purchase of two breweries in Cheboksary and Tatarstan

10:42; 14 November 2024 year

Brewing Company «Baltika» has planned the purchase of two breweries. This is reported by the newspaper "Vedomosti" with reference to informed sources.

According to the source, the company has already started the negotiation process with potential sellers. «Baltic» are interested in breweries «Bouquet of Chuvashia» in Cheboksary and «Bulgarpivo» in Tatarstan. Market participants estimate the value of these assets at 2 billion rubles and 700 million rubles, respectively.

It was noted that the Chuvash production is interesting to the investor due to the availability of its own malt production facilities. The deal for this plant is already being approved by the Federal Antimonopoly Service.

According to data for 2023, the share of «Baltic» in the Russian market was 25% of the total beer production capacity. The share of the "Bouquet of Chuvashia" and "Bulgarpiva" accounted for 0.6% and 0.4%, respectively.

In July 2023, the Russian assets of the Danish brewing company Carlsberg - the company «Baltika» by presidential decree transferred under the temporary management of the Federal Property Management Agency.

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