Colombia's Postobon cleared to brew and sell Heineken

Colombia's financial regulator has approved a deal under which local soft drinks maker Postobon will produce and sell Heineken beer in the Andean country through a partnership with Heineken's affiliate in Chile, the Compañía Cervecerías Unidas.

The move by the two companies, including construction of a factory to brew and bottle the Dutch lager, will increase competition in Colombia's beer sector, the regulator said, especially considering Postobon's large distribution network.




Source: Reuters