Royal Unibrew to buy Toronto-based Amsterdam Brewery for $44-million

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Royal Unibrew says the acquisition will help its expansion in the Americas by having Amsterdam Brewery supply most of the Canadian market as well as supplementing its supplies to the U.S.

Royal Unibrew says it’s buying Toronto-based Amsterdam Brewery Co. Ltd. for about $44-million.

The beverage conglomerate, which produces drinks under its own Royal name along with owning several brands including Faxe beer, says the localized supplier will reduce demand on its Danish facilities. Founded in 1986, Amsterdam Brewery has a brew pub on Toronto’s waterfront as well as a roughly 6,000-square-metre brewery in the city’s Leaside neighbourhood.

 

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