Brasil Kirin instance of enterprise
Brasil Kirin was a Brazilian brewery and drink company, the second largest in the country after AmBev. Founded in 1939 as Schincariol, the company was purchased in 2011 by the Kirin Company. In 2017, Kirin sold the company to Heineken N.V. of the Netherlands, and is now fully integrated into Heineken's Brazil operations.History
The company was founded in 1939 as Schincariol.
In October 2011, the courts allowed the Kirin Brewery Company to buy a majority stake in Schincariol. Kirin bought a 50.45 percent stake in 2011, valued at $2.6 billion.In November 2011, Kirin agreed to buy out the shareholders in Schincariol, completing its biggest acquisition as it sought growth in emerging markets. $1.35 billion was paid for the 49.54 percent stake, giving it control of all outstanding shares.In November 2012, Kirin changed Schincariol's name to Brasil Kirin.On February 13, 2017, Heineken International announced the purchase of Brasil Kirin for 664 million euros.There are 13 Brasil Kirin factories/breweries around Brazil and 10 distribution centers, with the company headquarters situated at the city of Itu, São Paulo state. The company produces about 3.0 billion liters of beer a year, and exports its products to Mercosul, Europe, United States, Asia and Oceania. By 2011, it had 10.4% of the beer market share in Brazil.
type of example of manifestation of representation of