Heineken acquires Van Munching Some months ago it was announced that Heineken is to take over its importer in the United States, Van Munch ing Co. Inc. The acquisition is seen as a logical step, following more than fifty years of close and successful cooperation. Leo van Munching Jr. will remain presi dent of the company which his father founded in 1928. Van Munching Co. Inc. has been the importer for Heineken beer since 1933. Soon after abolition of the Prohibition Act (which banned the consumption of alcoholic drinks) Leo van Munching Sr. introduced Heineken beer on the American market. From those very early beginnings Heineken beer has always remained the largest imported brand. Amstel Light, launched in 1981, ranks seventh in the league table for imported beers and is also the best sell ing imported light beer. In 1989 Buck ler was introduced. Over the past three years Heineken's market share in the import segment has increased from 25% to 28%, whilst the total import segment itself declined slightly from 5% to 4.5%. In other words: thanks to again in mar ket share Heineken has successfully maintained its position in a slightly declining market. This success is largely due to the know-how, experience and dedication of the Van Munching organisation. Heineken will therefore leave the pres ent organisation of Van Munching as it is. For Heineken the advantage of the acquisition is that it will permit a more direct contact with this important mar ket. Van Munching Co. Inc. has some 150 employees. The takeover will have no consequences for employment. It was the close alliance with Heineken over the decades which caused Leo van Munching to sell the business to Heineken. In an interview he said: A name isn't something you simply sell. The only one I would ven ture to sell that name to was Heineken. The relationship with Heineken has always been harmonious. In the end it's better for me, for my family, for Van Munching Co. and for Heineken.' Leo van Munching Jr. is to remain president of Van Munching Co. Inc. His great knowledge of the U.S. beer market is of eminent Impor tance for Heineken. T H F. WORLD OF H F. I N E K F. N

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World of Heineken | 1991 | | pagina 11