Ursus Breweries parent organization SABMiller
History
In 1996, the South African Breweries purchased Vulturul Buzau. A year later, South African Breweries acquired Pitber Pitesti and Ursus S.A. Cluj-Napoca. In 2001, Ursus S.A. bought the majority stake of Timisoreana Beer S.A. In 2002, Ursus S.A. and Timisoreana SA merged into a single integrated company, named Romania Beer Company S.A. In 2004, SABMiller plc (formerly named South African Breweries) acquired the majority stake of Aurora Brasov, a company that merged in the same year with Romania Beer Company S.A. A year later, in 2005, the new name of SABMiller's operations in Romania becomes Ursus Breweries.
In 2014, Igor Tikhonov was appointed CEO of Ursus Breweries.On the 31st of March, 2017 Asahi Group Holdings Ltd. has completed the purchase of Ursus Breweries in a transaction that included the former SABMiller Central and Eastern European businesses and brands. Its CEO stated that the acquisition would not change Ursus Breweries' line of business.
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