Heineken buys Femsa in deal valued $7.6 billion (mmmm...*Beer*)

Yahoo (AP) ^ | 1/11/10 | n/a

[DemforBush]

AMSTERDAM – Dutch brewer Heineken NV says it will buy Mexican brewer Femsa in an all-share deal that values the maker of Dos Equis, Tecate and Sol beers at around $7.6 billion (euro5.3 billion), including debt...

[DemforBush]

Kind of an interesting acquisition.

I like Tecate and Dos Equis (never had Sol). My fave Mexican brew is Negra Modelo, though.

Not all that wild about Heineken. I always liked Grolsch better, though I haven't had one in years.

[The Magical Mischief Tour]

Grab a heine!

[Apparatchik]

I like Tecate and Dos Equis

Not anymore, you won't. When Heineken snapped up a number of breweries in eastern Europe (Czech and Slovak Republics) several years ago, the quality of the beer sharply declined.

[Yo-Yo]

"Stay thirsty, my friends."

[DemforBush]

Ah, that’s a shame.

BTW, just curious - was Pilsner Urquell one of the brands Heineken acquired?

[deks]

It’s an SABMiller brand, as is Grolsch...

http://www.sabmiller.com/index.asp?pageid=155

[OldEagle]

"Not all that wild about Heineken. "

Back in the 60-70 era, I put two of the Heineken children through medical school. I really loved it.

[AFreeBird]

Back in the 60-70 era, I put two of the Heineken children through medical school. I really loved it.

Then I must be putting their children through school.

[calex59]

I can’t stand the taste of Heineken beer. Hopefully they will do a better job on other brands. I will stick with Sam Adams on the rare occasion(in this time period)that I drink beer.

[Vaduz]

Myself being cheap as Fred Sanford I buy the beer that is in a white can and only has the word BEER on it in bule letters I think Falstaff makes it.

[Apparatchik]

was Pilsner Urquell one of the brands Heineken acquired?

No, both Prazdroj and Radegast (used to be the best beer in the Czech Republic) are now owned by Miller.

Heineken bought Krusovice, Hostan and Starobrno (the only beer to actually improve under new ownership!) and are buying Kutna Hora and Znojmo and possibly Staropramen. Yes, the world is going to hell.