Alliance Brewery is majority owned by Aung Moe Kyaw, a local entrepreneur and established leader in the spirits industry.
The new joint venture company, APB Alliance Brewery Company Limited, which will build a new greenfield brewery in the country, has been approved by the Myanmar Investment Committee.
Under the terms of the agreement, Heineken, through its subsidiary Asia Pacific Breweries Limited, will have a controlling 57% stake in the new joint venture company and be responsible for overall management, providing brewing and technical expertise, procurement of ingredients and the licensing of brands.
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