Heineken considers closing Brazilian factories due to court dispute


SAO PAULO (Reuters) – Heineken NV (HEIN.AS), the world’s second-largest beer maker, is considering closing two factories in northeastern Brazil as “an extreme measure” after a court ordered the company to sell beer and soft drinks in the region at a money-losing price, the company said on Friday in a statement.

FILE PHOTO: Heineken beers are seen on a production line at the Heineken brewery in Jacarei, Brazil June 12, 2018. REUTERS/Paulo Whitaker/File Photo

“Heineken is in a court dispute with Grupo LGH referring to the prices to sell its portfolio in the states of Pernambuco and…



Read More Here

Be the first to comment on "Heineken considers closing Brazilian factories due to court dispute"

Leave a comment

Your email address will not be published.


*