Select Committee on Scottish Affairs Minutes of Evidence

Supplementary memorandum from Scottish and Newcastle plc

  As the original evidence was submitted one year ago, we thought it would be useful to outline the significant changes that have taken place within the Scottish & Newcastle group since then.

  In March 2000, we announced the progressive acquisition of the French and Belgian beer businesses of Groupe Danone. The acquisition will give Scottish & Newcastle an excellent foothold in both these countries and a platform for further international growth. The French business, with Kronenbourg 1664 as its premium brand, is the number one brewer in France, with over 40 per cent of the market. The Belgian business has 14 per cent of its market, putting it in second place. The main brand is Maes Pils.

  In August 2000, we announced the acquisition of 49 per cent of the Portuguese brewer Centralcer. S&N will share the management control of this company which has around 40 per cent of the Portuguese beer market.

  Scottish & Newcastle is now the second largest brewer in Europe and in the top 10 across the globe.

  In November 2000, we announced the sale of our leisure division, which had consisted of Center Parcs in the UK and Western Europe and Pontins in the UK and Ireland.

Scottish and Newcastle plc

January 2001

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