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Alfa-Eco aquires stake in SUN Inrerbrew

July 17, 2004. TAG: Investment

The Alfa-Eco Group has acquired Sun Interbrew GDRs, representing 10.4 percent of the voting shares in the company (2 896 531 Class B shares). Thus, the Group has become the third largest voting shareholder in Sun Interbrew. The Group has announced its intention to take part in managing Sun Interbrew. The acquisition is due to the Group's intention to take a leading position on the Russian and the CIS beer markets. This decision is in line with Alfa-Eco's interest in the Russian beer market and the alcohol market. The PR-department of Alfa-Eco

A1

A1 is one of the leading players on the investment market in Russia and the CIS making equity investments in various industries, pursuing the interests of its shareholders, clients and partners. A1 focuses on investment projects of two types: special situations and growth strategies. Alfa-Bank (Russia), TNK, VimpelCom, Perekrestok and Rosvodokanal Group were originally A1 projects that later became strategic businesses for Alfa Group as well as core companies for the wider Russian economy. A1’s long-term interests are aimed at establishing strong and competitive businesses, producing modern and very high quality goods and services to satisfy Russia’s growing demand, and developing efficient organizational and management systems.