Heineken made its third foray into emerging markets this month with a 69% stake in LebanonÂ’s sole brewery Almaza for an undisclosed price.
Earlier this week the Dutch brewer took a 25% stake in Florida Bebidas Costa Rica as well as Consorcio Cervecero Centroamericano in Nicaragua for $229m.
Heineken bought the shares from Costa Rican beer group Florida Ice and Farm Company, which has brewed beer for Heineken in the region since 1986.
Last week Heineken CEO Anthony Ruys said the company had bought Egyptian brewer Al Ahram for $287m to expand in North Africa.
He confirmed Heineken was looking to buy more companies in Russia, China and Latin America, as he unveiled an 11% rise in half year sales.
Earlier this week the Dutch brewer took a 25% stake in Florida Bebidas Costa Rica as well as Consorcio Cervecero Centroamericano in Nicaragua for $229m.
Heineken bought the shares from Costa Rican beer group Florida Ice and Farm Company, which has brewed beer for Heineken in the region since 1986.
Last week Heineken CEO Anthony Ruys said the company had bought Egyptian brewer Al Ahram for $287m to expand in North Africa.
He confirmed Heineken was looking to buy more companies in Russia, China and Latin America, as he unveiled an 11% rise in half year sales.
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