Retail in Asia

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Heineken plans for future growth in India

Dutch brewing major Heineken NV, which had a profit of EUR1.02 billion (USD1.39 billion) in 2009, said last week that deals in India and Mexico have increased its exposure to fast-growing developing markets.

In an official statement the company said, "[The] platform for future growth [has been] transformed via the planned acquisition of FEMSA [Fomento Económico Mexicano, SA] Cerveza in Mexico, a new partnership with United Breweries in India and the completion of the Sedibeng Brewery in South Africa."