:. Food Industry News

Categories: Mergers and Acquisitions

France: Kronenbourg Sells 'Maitre Kanter' Taverns

Source: FLEXNEWS
12/06/2007

12 June 2007 - To further concentrate on its beer production, France's leading brewery Kronenbourg, part of Scottish & Newcastle, has sold its restaurant chain 'Maître Kanter' to the Flo Group.

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Flo Group already owns famous French restaurant chains such as Hippopotamus, Bistro Romain and Tablapizza.

The Group intends to continue opening new ‘taverns’ in France, it said in a statement. The Group adds that Kronenbourg will continue to supply the restaurants with its beer.

Meanwhile, FLEXNEWS reported that activities in Scottish & Newcastle's Kronenbourg brewery in Obernai, eastern France, were resumed on Friday after workers ended a 4-day strike over compulsory overtime hours.



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