Tuesday, July 19, 2022

Toronto brewery sold to Danish company

Amsterdam Brewery of Toronto has been sold to Royal Unibrew of Denmark for about $44 million.

“The acquisition we are doing today is very important for the future growth of Royal Unibrew in the Americas region,” Royal Unibrew CEO Lars Jensen said in a statement.

“We are adding capacity in Canada, which is also close to our U.S. business and over time we expect to serve most of Canada and partly United States from Amsterdam Brewery,” Jensen said.