Kirin is the parent company of Lion, which boasts Australian brews including Tooheys, Furphy, XXXX and Little Creatures. Its departure from Myanmar has been both praised and criticised.
Japanese beverage giant Kirin Holdings plans to sell its shares in Myanmar Brewery to the joint venture, giving its local partner Myanma Economic Holdings Plc. 100% control of the company.
Japanese drinks giant Kirin said Thursday it has agreed to a buyout of its shares in a Myanmar joint venture with a junta-linked conglomerate as it seeks to exit the market after the 2021 coup.