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Sep 02, 2014

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Czech breweries on the block

World's biggest breweries expected to bid for Pilsner Urquell

Sept 27, 1999 - A heated bidding war looms for the two leading brewers - including the prestigious Pilsner Urquell - in the Czech Republic when Japanese bank Nomura puts them up for sale.

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Although there are no official suitors yet, among the names mentioned are Bass, Scottish & Newcastle, South African Breweries, Anheuser-Busch and Heineken.

Pilsener Urquell is the last beer with Pilsener on the label to still be made in the Czech town of that name. It has been brewed there since 1842 and is the biggest selling beer in the country and a top-selling import in many countries. Radegast, the second brewer for sale, is the No. 2 two brewer in the republic.

The auction will be via sealed bids starting on October 4.


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