Radar > 241870

Damm opens subsidiaries in China and Sweden

Damm abre filiales en China y Suecia

Intel ID : 241870
Synopsis

Damm, a Spain-based beer producer, launched subsidiaries in China and Sweden to accelerate its expansion, and plans its entry in Chile and Australia, reportered Expansión on 24 October, 2016.

The company sells its products in 78 countries, and 90% of its exports are concentraded in 20 countries. In the last five years, Damm has invested more than EUR 50m to expand and now the company is working on strengthening its dealer network.
(content in spanish)

Damm, empresa cervecera española, ha constituido filiales en China y Suecia y persigue entrar en Chile y Australia, según ha informado Expansión el 24 de octubre de 2016.

El grupo cervecero está presente en 78 países, y 20 de ellos concentran el 90% de las ventas en el exterior. En los últimos cinco años Damm ha invertido más de EUR 50m para internacionalizarse y ahora la compañía trabaja en potenciar su red de distribuidores.

Bidder

Damm
Spain

Intel ID 241870
Value ND
Native Currency Euro (EUR)
Financial Data - Damm
(31 Dec 2023)
Revenue: EUR 2.034,20m
EBITDA: EUR 300,00m
Net Debt: EUR 286,07m
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Food and Beverage (Primary)
Primary Sector (TTRSC)
15.02.01 Beer
15 Consumer Products & Services / 15.02 Beverages

Secondary Sectors (TTRSC)
15.05.08 Food & Beverage Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

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potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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