The production of beer in Ukraine (except for non-alcoholic beer with an alcohol content of up to 0.5% by volume) in January 2022 decreased 3.7% compared to January 2021, to 9.4 million decalitres, according to a posting on the website of the branch organization of brewers Ukrpyvo on Thursday.
As reported, in 2021 Ukraine produced 5% less beer compared to 2020 – 170.5 million decalitres, and in 2020 its production decreased by 0.4% compared to 2019, to 179.7 million decalitres.
Malt production in Ukraine in Jan grows by 11%
Malt production in Ukraine in January grew by 10.8%, to 18,600 tonnes.
Malt production in 2021 amounted to 218,500 tonnes, which is 19.5% less than in 2020.
At the same time, the year before last, its production decreased by 18% compared to 2019, to 275,000 tonnes.
Turkish brewer Anadolu Efes and AB InBev have received all required regulatory approvals to combine their businesses in Russia and Ukraine, have signed binding transactions agreements and expect to complete the deal in March, Efes said. Anadolu Efes also disclosed the structure of the deal. Its subsidiary Efes Breweries International N.V. will transfer is 99.999% owned subsidiary Moscow Efes Brewery (MEB) to its wholly owned new subsidiary AB InBev Efes B.V. Then AB InBev Western European Holding will contribute its Russian and Ukrainian assets to this company in exchange for new shares in AB InBev Efes.
After the issue of new shares, Efes Breweries International and AB InBev Western European Holding will each own 50% of AB InBev Efes.
AB InBev’s Russian and Ukrainian assets have been valued at $1.002 billion-$1.233 billion for the deal, based on the discounted cash flow method, while the assets of Efes were valued at $962 million-$1.145 billion. The combined business is expected to result in annual cost synergies of about $80 million-$100 million. The merger of operations in Russia and Ukraine will strengthen the competitive position of both companies’ brands, with potential for future growth, Efes said. The combined business will aim to lead the Russian and Ukrainian beer markets, the company said.
