Ads not shown when logged in
Page 9 of 16 FirstFirst ... 7891011 ... LastLast
Results 81 to 90 of 155

Thread: Pubco. mergers.

  1. #81
    Palookaville hondo's Avatar
    Join Date
    Dec 2009
    Posts
    3,154
    "Do I know where hell is? hell is in hello"

  2. #82
    This Space For Hire
    Join Date
    Jan 2010
    Location
    Warwickshire
    Posts
    1,766

    Default

    Fullers sell brewing side to Asahi

    https://www.bbc.co.uk/news/business-46999208

    A possible silver lining for CMIC members - Fullers is about 15% of total holdings - as it's been a very poor year so far.
    Last edited by NickDavies; 25-01-2019 at 09:37.

  3. #83
    This Space For Hire
    Join Date
    May 2009
    Location
    Oscillating between Surrey and York
    Posts
    918

    Default

    Fullers official statement here http://https://www.fullers.co.uk/blo...iness-to-asahi

    Can't see it being good news for anyone except shareholders. It certainly spells doom for the remaining estate of West London locals that don't fall into the "prestige" category. Will be interesting to what Asahi do with Dark Star.
    On leaving the bar, I felt a strong blow to the back of my head. Turning round, I discovered it was the pavement

  4. #84
    This Space For Hire
    Join Date
    May 2009
    Location
    Oscillating between Surrey and York
    Posts
    918

    Default

    Incidentally, with around 380 pubs, that will put Fullers well up the list of pubcos, once it is completed.
    On leaving the bar, I felt a strong blow to the back of my head. Turning round, I discovered it was the pavement

  5. #85
    This Space For Hire
    Join Date
    Jan 2010
    Location
    Warwickshire
    Posts
    1,766

    Default

    Quote Originally Posted by Pangolin View Post
    Will be interesting to what Asahi do with Dark Star.
    Well they'll almost certainly try to position Pride as a global brand, like Peroni. They could try that with the likes of Dark Star, but my guess is it will be quietly dropped a few years down the line.

    They will, of course, replace all the senior management at Chiswick with people who'll be directed by Tokyo to do their bidding. All the reassurances count for nothing. A fiver in Wetherspoon's vouchers says it will be housing by 2025.

  6. #86
    In Search of Ebriety Millay's Avatar
    Join Date
    Jan 2010
    Location
    Wandering, or wondering, or wandering in.
    Posts
    1,375

    Default

    I can see a keg version of London Pride being all over the place within a few years
    I've just joined Alcoholics Anonymous - I still drink, just under a different name.

  7. #87
    Waterborne Beer Inspector Bucking Fastard's Avatar
    Join Date
    Feb 2010
    Location
    Grand Union
    Posts
    3,269

    Default

    Looks like Asahi paid top dollar,23.6x profits seems to me a very full price ,compared to Marston's purchase of the Charles Wells brewing assets and brands,although I accept that the CW brands had been diminished.I suppose Fullers will now expand their estate with around £125M burning a hole in their pocket.

    Maybe turning Chiswick into upmarket flats is all part of Asahi's plan as Nick suggests.
    Last edited by Bucking Fastard; 25-01-2019 at 12:32.
    "Good people drink good beer" Hunter S Thompson

  8. #88
    This Space For Hire
    Join Date
    Jan 2010
    Location
    Warwickshire
    Posts
    1,766

    Default

    Quote Originally Posted by Bucking Fastard View Post
    Maybe turning Chiswick into upmarket flats is all part of Asahi's plan as Nick suggests.
    It does get them a brewery in the UK which they don't currently have. As far as I know Grolsh and Peroni etc are brewed under licence by Coors, a hangover from when the same parent owned those breweries in their original countries. But I doubt Chiswick has the capacity to produce them without ditching many of the existing lines. Selling a prime site in West London - and it is very prime indeed - would build a very big beer factory on a green field site somewhere else and more besides.

  9. #89
    This Space For Hire
    Join Date
    May 2009
    Location
    Oscillating between Surrey and York
    Posts
    918

    Default

    They will now own London's two largest breweries...
    On leaving the bar, I felt a strong blow to the back of my head. Turning round, I discovered it was the pavement

  10. #90
    This Space For Hire
    Join Date
    Jan 2010
    Location
    Warwickshire
    Posts
    1,766

    Default

    Quote Originally Posted by Pangolin View Post
    They will now own London's two largest breweries...
    Yes I'd forgotten about Meantime. Don't see that lasting long now.

Similar Threads

  1. Tandleman's Beer Blog - PubCo Pantomime
    By Blog Tracker in forum Blog Tracker
    Replies: 0
    Last Post: 23-11-2015, 14:23
  2. Replies: 0
    Last Post: 20-09-2015, 18:21
  3. Woolpack Dave's Beer and Stuff - Acquisitions and Mergers
    By Blog Tracker in forum Blog Tracker
    Replies: 0
    Last Post: 23-07-2015, 14:15
  4. Pete Brown's Beer Blog - Some reflections on PubCo reform
    By Blog Tracker in forum Blog Tracker
    Replies: 0
    Last Post: 19-11-2014, 12:19
  5. Loony pubco marketing nonsense
    By NickDavies in forum Chit Chat
    Replies: 23
    Last Post: 09-12-2010, 11:26

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •