Kirin Holdings: The transaction, made through purchase of fresh shares, will boost Kirin s holding in B9 Beverages beyond the current nearly 20%, the executives said requesting anonymity. Another American financial investor is also close to investing $25 million for an additional stake in B9 Beverages, which is expected to be closed in the coming weeks, said one of the executives cited above.
Indian craft beer maker Bira 91 has raised $70 million in a funding round led by Japanese beer company Kirin Holdings Co Ltd as it looks to ramp up production amid strong demand for the alcoholic. | November 23, 2022
Japanese beverages firm Kirin Holdings is in talks to invest $70 million incraft beer maker Bira, four sources told Reuters, doubling down on the fast-expanding South Asian market at a time when it is facing pressure on growth at home.