August 20, 2014 5:01 AM ET

Beverages

Company Overview of Oriental Brewery Co., Ltd.

Company Overview

Oriental Brewery Co., Ltd. produces and markets beer. The company's brands include OB, Cass, OB Golden Lager, Blue Girl, Budweiser, Leffe, Beck's, Stella Artois, Hoegaarden, Diebelsand, and Cafri. The company was formerly known as Showa-Kirin Brewery Co. The company was founded in 1933 and is based in Seoul, South Korea. It has manufacturing facilities in Icheon, Kwangju, and Cheongwon, South Korea. As of March 31, 2014, Oriental Brewery Co., Ltd. operates as a subsidiary of Anheuser-Busch InBev SA/NV.

Hanwon Building

#1449-12, Seocho Dong

Seocho-Ku

Seoul,  137-866

South Korea

Founded in 1933

Phone:

82 2 2149 5006

Fax:

82 2 2149 5386

Key Executives for Oriental Brewery Co., Ltd.

Chief Executive Officer
Age: 59
Chief Legal Officer
Compensation as of Fiscal Year 2014.

Oriental Brewery Co., Ltd. Key Developments

KT&G To Reportedly Bid For Oriental

KT&G Corporation (KOSE:A033780) may pursue a bid of $3 billion to acquire Oriental Brewery Co., Ltd. from Kohlberg Kravis Roberts & Co. L.P. (NYSE:KKR), people with knowledge of the matter said. There is no guarantee that a formal bid will be made. The matter is still in its early stages, the people said. However, if KT&G plans to make a bid, it will have to partner with another fund or funds to buy Oriental, one of the people said. No formal sale process has yet been started by KKR. MarketWatch added that KT&G denied that the company is considering a bid for Oriental while a KKR spokesperson declined to comment. Oriental said it has no knowledge of the matter.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 20, 2014
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