Bad news for Bass on brewery purchase and Czech merger

- Last updated on GMT

Related tags: Pilsener, Germany

Bass is set to lose out on yet another major UK purchase and has suffered a setback in the Czech Republic.Bass was thought to be the most obvious...

Bass is set to lose out on yet another major UK purchase and has suffered a setback in the Czech Republic.

Bass was thought to be the most obvious candidate for the Burton brewery which Carlsberg-Tetley has announced it wants to sell - but now US brewer Anheuser-Busch has been tipped as a rival bidder.

And in the Czech Republic, Bass has failed to delay a major merger between two brewers which may seriously hamper its growth plans there.

Japanese bank Nomura wants to merge Radegast and Plzensky Prazdroj, two of the biggest brewers in the country.

Last week Bass - which has 33 per cent of Radegast - failed to persuade other shareholders to prevent directors from signing agreements with Plzensky.

If the merger goes ahead, Nomura will get 40 per cent of the Czech beer market at a stroke.

This will rule out Bass becoming the biggest brewer in the Republic and may cause a major strategic rethink at Bass.

Meanwhile, much closer to home, Anheuser-Busch executives have been to see the Burton brewery amid speculation that the US brewer is seeking to expand UK production of Budweiser.

Related topics: Beer

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