Germany: Hasseröder and Diebels on the rummage table

The sale of ABInBev’s German breweries Hasseröder and Diebels, which had failed last year, heads another time into its final round. According to confidential information gathered by Inside Getränke, there is only one candidate left for a takeover of the two breweries which produce together more than 2 million hl of beer. The potential candidate is said to be again a financial investor.

However, this time AB InBev will for sure do a better due diligence of the buyer than last time, when financial investor CK Corporate Finance and its controversial managing partner Daniel Deistler were unable to pay the sales price of about EUR200 million (, 30.8.2018).

As reported, the new investor offers a price which is far below last year’s value, which implies the need to correct another time the carrying values of the assets in AB InBev’s books. The world's largest brewer is therefore likely to take Hasseröder and Diebels off the rummage table and to stop completely the selling procedure.

Employees of the two breweries hope in any case for a quick solution. Florian Weins, who started his job as AB InBev’s Country Director Germany on January, 1 and who assisted his predecessor Harm van Esterik for the first two months of this year (, 30.11.2018) will not have an easy task in taking a decision. As Inside Getränke found out, AB InBev will explore further options for its operations in Germany only after that.

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