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March 7, 2021
BUSINESS

Heineken Romania sells mineral water division to local investor

Heineken Romania has signed for the sale of its mineral water division, part of former Bere Mures company, to an individual person – Ioan Balan, the beer producer announced in a press release yesterday. ‘According to our global policy, the price of the transaction will not be disclosed’, the press release further reads. In 2008, Heineken acquired Bere Mures, owner of a brewery in Ungheni, Mures County, and of a mineral water company in Bacaila, Hunedoara County. The company produces the Neumarkt, Dracula and Sovata beer brands and the Cezara and Cheile Cibului mineral waters. ‘The legal integration of Bere Mures into Heineken Romania was completed in April this year. Following the completion of the merger, Heineken Romania has decided to sell the mineral waters division belonging to Bere Mures through KBC Securities. Heineken Romania was assisted by the Schoenherr Romania solicitors throughout the process’, the communiqué also notes. Heineken Romania says it will continue to invest in developing the plant in Targu Mures, its Neumarkt brand, as well as its other plants and brands. The company operates five breweries in Constanta, Craiova, Hateg, Miercurea Ciuc and Targu Mures.

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