Heineken acquires Czech Krusovice brewery

Dutch brewer Heineken has announced that it has acquired the Czech Krusovice brewery for an undisclosed sum, giving Heineken the number three position in the Czech market. The transaction will be funded from existing cash resources, Heineken said on Thursday. The Dutch brewer already owns the Starobrno brewery in the Czech Republic which makes the Starobrno, Hostan and Zlaty Bazant brands. Annual Czech beer consumption is estimated at 16 million hectoliters. In 2006, Czech per capita consumption was 159 litres per year, the highest in the world, Heineken said.