2010-04-22

Asahi in the Market for Asian Acquisitions


Asahi Breweries may buy food, alcohol companies in Asia-Pacific
http://search.japantimes.co.jp/cgi-bin/nb20100422n4.html

The Japan Times reports that Asahi will be shopping around Asia for companies to acquire.
The fact the three big alcohol companies are looking to expand outside Japan has been big news in the food industry for several years now.
Kirin has been the most aggressive and apparently the most profitable so far with major acquisitions in Australia and the Phillipines.