Heineken sells Beer & Food, including Cruz Blanca, Gambrinus and the Carl´s Jr franchise
Abac Capital acquires Heineken´s Beer & Food portfolio in Spain. Beer & Food was the brewer´s on trade division that included brands as Gambrinus, Indalo Tapas, La Chelinda and the Official Irish Pub and has approximately 400 outlets throughout Spain. Although the purchase price hasn´t been revealed it is said that the deal was worth more than 50 million Euro. With the spin off Heineken regains its focus on selling beer and Abac is following into the footsteps of other venture capitalists that have acquired food and drinks companies.
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