Ambev and Heineken battling out who will end up with CND

Eddy

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Jan 1, 2002
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I heard today it was a done deal with AmBev.
I'm sure that the owners (major shareholders) will get their cash. Let's hope the shareholders that are not in the "Family" don't loose their investment.
 

Hillbilly

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Jan 1, 2002
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$2.5 billion? That is all the money in the world. I guess they will "just" stay with the bank, the paint factory (Sherman-Williams) and the digital radio...and a couple of other things...

Gee, not too shabby.


HB
 

Chip

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Jul 25, 2007
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Honestly, being realistic when Presidente put up there portfolio with their margins and profit share, who wouldn't want to buy them?

Don't get me wrong, I like it but it's just not worth it. A good example of the inflated prices is here in the DR I believe a 12 oz president costs US1.20 - 1.30 and in the States it's normally US1.00 but specials can be had a lot of the time at US0.70(in Orlando).

Add the material costs are probably similar to that of brewers in the States but that labor is a 10th here of that in the States and one can see the TREMENDOUS margins they are making.
 

belgiank

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Jun 13, 2009
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For both Ambev (originally Belgian), and Heineken, Presidente is a small player. I am sure their real interest lies in promoting their other brands in the DR.

This on top of wanting to be the biggest in the world.

I hope Ambev wins, and starts importing some more of their fantastic Belgian beers (Stella Artois does not count, as it is their worst one... lol)

BelgianK
 

Mauricio

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Nov 18, 2002
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I heard they did. I'm not a beer drinker but proud of my fellow Dutchmen they beat the Belgians
 

Ken

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Jan 1, 2002
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Sosua News Finally Gets It Right

[h=5]On 15 April we reported that the brewer Heineken had taken over the Presidente beer brewery. We had heard that from two sources, namely Detras Del Rumor and El Siglo 21.[/h][h=5]But now it appears that not Heineken but the Belgian-Brazilian brewer Anheuser-Busch InBev, through its Brazilian subsidiary AmBev has acquired a majority of stock in the Dominican brewer Cerveceria Nacional Dominicana (CND). Therefore, approximately $ 1.24 billion will be paid. For approximately $ 1 billion AmBev takes over a stake of 41.76% in CND from the current majority shareholder, the Grupo L?on Jimenez. AmBev also will pay $ 237 million to Heineken for the stake of 9.3% that Heineken still has in CND, and therefore AmBev acquires a stake of approximately 51% of stock in CND.[/h]
 

Mauricio

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Nov 18, 2002
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We beat you and saved another beer... whoehaaaaa

Just joking, Mauricio....

BelgianK
I heard several people stating that Heineken bought CND (before the deal was made public and when talking about it and mentioning that others say it's AB InBev, they would say: "ah si, pero tu no sabes que heineken es parte de Inbev!?.."

And I thought EVERYBODY knows Heineken is a Dutch company based in Amsterdam and owned by no other company, let alone a Belgian one :)-P). Just like the whole world knows that Royal Shell, Philips and Unilever are Dutch!

(this might be why my inlaws say I'm a chauvinistic prick. I guess I could have been French)
 

windeguy

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Jul 10, 2004
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I heard several people stating that Heineken bought CND (before the deal was made public and when talking about it and mentioning that others say it's AB InBev, they would say: "ah si, pero tu no sabes que heineken es parte de Inbev!?.."

And I thought EVERYBODY knows Heineken is a Dutch company based in Amsterdam and owned by no other company, let alone a Belgian one :)-P). Just like the whole world knows that Royal Shell, Philips and Unilever are Dutch!

(this might be why my inlaws say I'm a chauvinistic prick. I guess I could have been French)
I suspect that most Americans would have said that Heineken was a German beer, but that is just my guess without taking a formal poll.