SABMiller Snaps Up Argentine Brewer CASA Isenbeck

Law360, New York (November 24, 2010, 5:51 PM EST) -- Beer producing giant SABMiller has jumped into the Argentinean market with the acquisition of the country’s third largest brewer, Cerveceria Argentina S.A. Isenbeck, in a deal that will pit SABMiller against rival Anheuser-Busch InBev, which has a dominant share of the market in the South American country.

 

SABMiller — which produces brands including Pilsner and Grolsch — snapped up CASA Isenbeck from the German brewer Warsteiner Group. Specific terms of the deal were not disclosed, but SABMiller said CASA Isenbeck will continue to produce and...
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