Naranpol Eyes Brahma

Argentina’s Productora Alimentaria, which produces the Naranpol brand juices and soda drinks, is planning to acquire the Argentine assets of beer-maker Brahma, owned by AmBev. AmBev is obliged to sell Brahma as a result of a court ruling by Argentina’s anti-monopoly board following its acquisition of local brewer Quilmes. However, the board ruled that the beer-maker could not be sold to a company with interests in the domestic beer market. Mexican bottler Femsa has also said it may offer for Brahma. Consulting firm Infupa is advising Productora Alimentaria on the purchase.