Royal Unibrew Polska Sp. z o.o. accelerates the divesture of the brewery in Koszalin
Royal Unibrew Polska Sp. z o.o. accelerates the divesture of the brewery in Koszalin
March 27, 2009 at 12:00 AM EDT
fond-ru-09-2009-uk.pdf 181.3 KB
Company announcement No 09/2009 27 March 2009 As stated in the announcement of Royal Unibrew's annual results for 2008 for Royal Unibrew the produc-tion structure in Poland will be adjusted by closing the brewery in Koszalin (cf. Company announcement 02/2009 of 26 February 2009). Hence, consultations with the employees at the Koszalin brewery have been initiated. Royal Unibrew Polska has today entered into an agreement concerning the sale of the brewing facilities in Koszalin and the simultaneous transfer of the employees at the brewery to Van Pur SA - a Polish brewery group. The agreement is subject to approval by the Polish office for Protection of Consumer and Competition. It is anticipated that the transaction will be completed by the end of April or beginning of May 2009. In line with the strategic initiatives for Poland announced previously, the transaction will have a positive impact on the Group's outlook (EBIT) for 2009 as stated in the above mentioned announcement. The cash flow for 2009 will also be influenced positively. The remaining restructuring initiatives will continue as planned. Please direct any queries to me at tel. +45 5677 1513. Yours sincerely Royal Unibrew A/S Henrik Brandt President & CEO