Brau und Brunnen
| Formerly | Dortmunder Union-Schultheiss Brauerei AG (1972–1988) |
|---|---|
| Type | Aktiengesellschaft |
| Industry | Brewing, beverages |
| Predecessors | Schultheiss-Brauerei Dortmunder Union-Brauerei |
| Founded | 1972 |
| Defunct | 2004  |
| Fate | Acquired by Dr. August Oetker KG and integrated into Radeberger Gruppe |
| Successor | Binding Brewery |
| Headquarters | Germany |
Brau und Brunnen AG ("Brew and Spring") was a German brewing and beverage group formed in 1972.
History
In 1972, a merger between Schultheiss-Brauerei and Dortmunder Union-Brauerei formed the beverage company Dortmunder Union-Schultheiss Brauerei AG. It was later renamed Brau und Brunnen in 1988. The company owned a number of formerly independent breweries, including Einbecker Brewery.[1]
Growth and decline
Until the early 1990s, Brau und Brunnen was the largest beverage company in Germany, but its market share steadily declined throughout the 1990s. An additional cause for the decline was the company's purchase of Bavaria – St. Pauli Brewery and Jever for an estimated 800 million DM, although these purchases were later estimated to only be worth closer to 250 million DM. Following a series of mergers and acquisitions, the company had lowered to the fourth-largest beverage company by 1999.
Dissolution
After unsuccessful internal reorganizations, the company was purchased by Dr. August Oetker KG and integrated into its subsidiary Radeberger Gruppe.
References
- ↑ Oliver, Garrett (2005-05-03). The Brewmaster's Table: Discovering the Pleasures of Real Beer with Real Food. HarperCollins. p. 56. ISBN 9780060005719. Retrieved 24 March 2012.
External links