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Scottish & Newcastle

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S&N. They invited S&N to discuss a possible offer, the terms as to which they were prepared to proceed included a bid of 720 pence per share. The offer was immediately rejected by the Board of S&N, who believed that it significantly undervalued the worth of the S&N group. On 31 October, S&N announced that it had requested the Danish Courts to begin arbitration proceedings between itself and Carlsberg A/S in relation to the latter's alleged contractual infringements, relating to the joint ownership of Baltic Beverages Holdings (BBH). Carlsberg immediately countered that it believed S&N's claims were "spurious and without merit".
147: 366: 212: 300:. This was followed in 2005 by the closure of distribution depots at Bow, Chelmsford and Maidstone with the task being integrated into Dagenham Regional Distribution Centre and depots at Hackbridge and Croydon with the remainder of the London accounts being served by Greenford. The company began to use transit points in Chelmsford and Faversham as cheap logistical alternatives to full working depots. Reciprocal acquisitions saw the 338:
A new offer was made public on 15 November 2007 by Carlsberg and Heineken, raising the offer to 750 pence per share. The partners claimed this was "substantially in excess of the standalone independent value of S&N". On 17 January 2008, S&N announced that it was now in formal discussions with
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jointly announced that they were considering forming a consortium to bid for, and acquire the total capitalisation of Scottish & Newcastle. No formal offer had been put to S&N at the time. On 25 October, however, Heineken and Carlsberg announced that they had submitted a written proposal to
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On 25 January 2008, following limited due diligence and discussions with S&N, the consortium announced a formal cash offer for the entire S&N business at £8 per share. This offer had the full support of the S&N Board and was recommended to shareholders.
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In February 2005, Scottish & Newcastle and Carlsberg UK finalised a joint venture to carry out Technical Services work in the UK. Service Dispense Equipment Limited (SDEL) was formed from the dispense assets of both businesses.
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produced by Scottish Courage (later Scottish & Newcastle) from the 1980s to 2003. The brand was marketed in the 1980s with a series of advertisements featuring a bear, George, with a shiny, yellow jacket and a
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in 2008 and its assets split between them. The name Scottish & Newcastle continued to be used for the UK trading operation of Heineken International until 2009, when it was renamed Heineken UK.
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The company was founded by Grizel Syme who ran her late second husband's brewery: this brewery and those of her sons developed into the firm of William Younger & Co. It merged with
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In 2004 some radical cost-cutting measures were introduced, particularly within the UK where it was noted by analysts that the cost base was too high. During the year, the
289:– retaining a successful tenanted pub management business (S&N Pub Company) with contracts to look after some 2,000 pubs on behalf of banks and other pub companies. 346:
On 31 March 2008, shareholders approved the £7.8 billion takeover by Heineken and Carlsberg. The acquisition was completed on 29 April 2008 as S&N's shares were
259:(BBH) encompassing brewing interests in Russia, Ukraine, Kazakhstan and the Baltic Countries of Latvia, Lithuania and Estonia. The remaining 50% of BBH was owned by 1497: 1238: 1517: 244:
In early 2000, S&N expanded outside the UK via a number of acquisitions in Western Europe, growing sales to over 50 Mhl per annum. Acquisitions included
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S&N UK; Alken-Maes; Beamish & Crawford; Brasseries Kronenbourg; Central de Cervejas; Hartwall; Home Ales; Mythos; Waverley TBS; S&N Pub Company
674:– Greece; Chongqing joint venture in China; Venture markets:- Switzerland; Africa; Hungary; Luxembourg; Indian Ocean; South and Central America and Asia. 1477: 1502: 800: 199:
The former S&N Pub Enterprises leased pub division was rebranded as S&N Pub Company after the takeover. In 2012, it was rebranded again to
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to set up a UK drinks distribution company (K+N Drinks Logistics). Some 3,000 S&N employees transferred to the new business.
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Gillett, Alex; Tennent, Kevin; Hutchinson, Fred (27 April 2016). Cabras, Ignazio; Higgins, David; Preece, David (eds.).
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In addition to these key brands, its portfolio included other well-known drinks brands (acquirer in brackets):
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Scottish & Newcastle employed 40,000 people in the United Kingdom and mainland Europe, brewing beer at:
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1664. (now owned by Carlsberg, although S&N UK/Heineken retain UK rights on a 50-year supply contract)
1041: 1129: 551: 931: 621:. The first batch of the adverts in 1983 were the final directorial work of legendary film director 412:(S&N had a majority holding in this brewery. It is now once again owned by the Theakston family) 1487: 357:
On 23 November 2009, the company changed its name to Heineken UK Ltd. to reflect the owner's name.
256: 146: 859: 1222: 596: 479: 415: 117: 1107: 1108:"Carlsberg A/S and Heineken N.V. - full and fair proposal made to Scottish & Newcastle PLC" 515: 327: 189: 81: 1261:"Follow the bear... out the door as Hofmeister is axed - Brand Republic News - Brand Republic" 351: 282:
brands to its portfolio, together with the UK's biggest cider mill and orchards in Hereford.
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the consortium, following a revised proposal to purchase the business for £8 per share.
425: 384: 301: 286: 177:, Scotland, which expanded from its home base to become an international business with 1364: 1335: 885: 774: 628: 576: 539: 462: 347: 238: 319:
In 2006, S&N entered into a joint venture with the Swiss-based freight company,
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in 2002, Finland's leading beverage company business, S&N became 50% owners of
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By 1985, the company had become a regional brewer focused on Scotland and the
1451: 1368: 760: 671: 658:– Portugal; Indian JV with UB; US export business and other venture markets. 491: 140: 1435: 1201: 750: 622: 618: 296:
in Edinburgh was closed, followed some months later by the Tyne Brewery in
275: 267: 1042:"Heineken N.V. and Carlsberg A/S approach to Scottish & Newcastle plc" 223:
in 1931 becoming Scottish Brewers. In 1960 it merged again this time with
667: 581: 545: 497: 468: 438: 245: 220: 39: 728:"Records of William Younger & Co Ltd, brewers, Edinburgh, Scotland" 651: 613: 432: 155: 77: 211: 509: 419: 402: 388: 378: 309: 305: 174: 95: 647: 263:, which gained full control after the takeover of S&N in 2008. 252: 109: 629:
Division of the business between the Carlsberg/Heineken consortium
1357:"George the bear seeks new followers as Hofmeister lager returns" 527: 456: 170: 452:
S&N owned or co-owned three of the top ten beers in Europe.
625:. In 2016, the Hofmeister brand returned with a new 5% recipe. 409: 285:
In November 2003, S&N sold its remaining pub estate to the
1390:"Follow the bear: Hofmeister brings George out of hibernation" 1066:(Press release). Scottish & Newcastle PLC. 25 October 2007 910: 801:"Scottish & Newcastle acquires Kronenbourg in £1.7bn deal" 998:"Unions angered by Scottish & Newcastle's latest venture" 1239:"Heineken to close historic Caledonian Brewery in Edinburgh" 178: 128: 610: 748: 1416:"Carlsberg, Heineken agree $ 15.3 billion S&N deal" 1468:
Companies formerly listed on the London Stock Exchange
1174:"Scottish & Newcastle shareholders agree takeover" 1086:"REG-Scot.& Newcastle Statement re Possible Offer" 1064:"REG-Scot.& Newcastle Statement re Possible Offer" 237:
By 1995, with the purchase of rival brewing business
203:, bringing an end to Scottish & Newcastle brand. 924:"Pub sector recast as S&N sells retail division" 536:, heartland in the North East of England. (Heineken) 709:"Heineken drops S & N for Star Pubs & Bars" 1130:"Discussions with Carlsberg A/S and Heineken N.V." 1283:"Hofmeister from Berkshire (Heineken) - Ratebeer" 1197:"S&N sails into history as brewer taken over" 1449: 1110:(Press release). Carlsberg A/S. 15 November 2007 691:"Scottish & Newcastle to become Heineken UK" 1498:Food and drink companies of the United Kingdom 1436:Records of Newcastle Breweries, Ltd, 1912-1993 1223:Scottish & Newcastle to become Heineken UK 1044:(Press release). Heineken N.V. 25 October 2007 834:"S&N gulps Hartwall and moves into Russia" 308:and the Northern Clubs' Federation Brewery in 241:, S&N had become the UK's leading brewer. 1132:(Press release). S&N plc. 17 January 2008 1518:Food and drink companies established in 1749 976:"Brewing big guns are refused another drink" 886:"£278m Bulmers buy completes S&N u-turn" 752:Brewing, Beer and Pubs: A Global Perspective 666:Remaining 50% of Baltic Beverages Holdings; 755:. Palgrave Macmillan UK. pp. 303–320. 560:of Reading, Berkshire. (Wells & Young) 215:Portrait of William Younger by Alan Ramsay 145: 1478:British companies disestablished in 2008 465:(European rights, now owned by Heineken) 364: 210: 1503:Defunct breweries of the United Kingdom 1329: 1303: 1194: 1020:"Bid plan for Scottish & Newcastle" 883: 506:in Greece (stake acquired by Carlsberg) 14: 1450: 1354: 1152:"S&N accepts £7.8bn takeover deal" 1473:British companies established in 1749 921: 722: 720: 718: 518:in India (stake acquired by Heineken) 831: 793: 1334:. Limelight Editions. p. 580. 1000:. Manufacturing News. 26 April 2006 542:, a Belgian Abbey beer. (Carlsberg) 266:In July 2003, S&N acquired the 24: 1508:2008 disestablishments in Scotland 1304:Wheeler, Brian (16 October 2003). 954:"Further fears after brewery cuts" 836:. London: BBC News. Archived from 715: 564:Brands licensed to them included: 554:in Edinburgh, Scotland. (Heineken) 227:to form Scottish & Newcastle. 25: 1529: 1429: 922:Walsh, Dominic (7 October 2003). 1355:Davies, Rob (21 November 2016). 832:Cope, Nigel (15 February 2002). 775:"S&N agrees to sell Courage" 181:volumes growing almost tenfold. 38: 1493:1749 establishments in Scotland 1408: 1382: 1348: 1323: 1297: 1275: 1253: 1231: 1216: 1195:Bradley, Jane (29 April 2008). 1188: 1166: 1144: 1122: 1100: 1078: 1056: 1034: 1012: 990: 978:. Edinburgh News. 11 March 2005 968: 946: 915: 904: 884:Treanor, Jill (29 April 2003). 408:T & R Theakston's Brewery, 369:John Smith's Brewery, Tadcaster 877: 852: 825: 767: 742: 701: 683: 184:The company was listed on the 13: 1: 1513:2008 mergers and acquisitions 1483:British royal warrant holders 677: 459:(stake acquired by Carlsberg) 447: 1463:Companies based in Edinburgh 956:. BBC News. 18 February 2004 360: 167:Scottish & Newcastle plc 7: 1154:. BBC News. 25 January 2008 1022:. BBC News. 17 October 2007 270:cider business, adding the 10: 1534: 1306:"The death of cheap lager" 1088:. Reuters. 31 October 2007 763:– via Springer Link. 405:– bought 2004, closed 2010 206: 1332:Orson Welles: A Biography 1330:Leaming, Barbara (2004). 1176:. BBC News. 31 March 2008 730:. Archives hub. July 2009 188:until it was acquired by 173:company headquartered in 154: 134: 124: 102: 91: 72: 64: 56: 46: 37: 930:. London. Archived from 761:10.1057/9781137466181_16 401:The Federation Brewery, 257:Baltic Beverages Holding 33:Scottish & Newcastle 1263:. www.brandrepublic.com 695:morningadvertiser.co.uk 548:in Scotland. (Heineken) 424:The Berkshire Brewery, 312:added to the business. 118:Chief Financial Officer 494:in Portugal (Heineken) 443:Crawford Brewery, Cork 377:The Fountain Brewery, 370: 328:Heineken International 216: 116:), Wilfrid Isaachsen ( 18:Scottish and Newcastle 1458:Breweries in Scotland 530:in the UK. (Heineken) 524:in Ireland (Heineken) 512:in Belgium (Heineken) 500:in Finland (Heineken) 488:in the UK. (Heineken) 368: 352:London Stock Exchange 214: 186:London Stock Exchange 1441:4 March 2016 at the 697:. 27 September 2009. 640:Beamish and Crawford 416:John Smith's Brewery 326:On 17 October 2007, 201:Star Pubs & Bars 1228:, 28 September 2009 911:S&N Pub Company 711:. 15 November 2012. 662:Carlsberg acquired: 656:Central de Cervejas 592:Newcastle Brown Ale 534:Newcastle Brown Ale 431:The Royal Brewery, 428:(closed April 2010) 396:Newcastle upon Tyne 225:Newcastle Breweries 108:Sir Brian Stewart ( 34: 1422:. 25 January 2008. 1396:. 11 November 2016 1394:The Week Portfolio 1285:. www.ratebeer.com 1226:Morning Advertiser 634:Heineken acquired: 394:The Tyne Brewery, 385:Caledonian Brewery 371: 302:Caledonian Brewery 217: 112:), John Dunsmore ( 32: 860:"Baltika Brewery" 813:on 5 October 2007 781:. 17 January 2007 609:brand was a 3.2% 437:Beamish Brewery, 164: 163: 16:(Redirected from 1525: 1424: 1423: 1412: 1406: 1405: 1403: 1401: 1386: 1380: 1379: 1377: 1375: 1352: 1346: 1345: 1327: 1321: 1320: 1318: 1316: 1301: 1295: 1294: 1292: 1290: 1279: 1273: 1272: 1270: 1268: 1257: 1251: 1250: 1248: 1246: 1235: 1229: 1220: 1214: 1213: 1211: 1209: 1192: 1186: 1185: 1183: 1181: 1170: 1164: 1163: 1161: 1159: 1148: 1142: 1141: 1139: 1137: 1126: 1120: 1119: 1117: 1115: 1104: 1098: 1097: 1095: 1093: 1082: 1076: 1075: 1073: 1071: 1060: 1054: 1053: 1051: 1049: 1038: 1032: 1031: 1029: 1027: 1016: 1010: 1009: 1007: 1005: 994: 988: 987: 985: 983: 972: 966: 965: 963: 961: 950: 944: 943: 941: 939: 919: 913: 908: 902: 901: 899: 897: 881: 875: 874: 872: 870: 856: 850: 849: 847: 845: 829: 823: 822: 820: 818: 809:. 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Retrieved 703: 694: 685: 665: 661: 660: 638:S&N UK; 637: 633: 632: 623:Orson Welles 619:pork pie hat 604: 597:John Smith's 563: 480:John Smith's 474: 451: 372: 356: 345: 341: 337: 325: 318: 314: 291: 287:Spirit Group 284: 276:Scrumpy Jack 265: 250: 243: 236: 229: 218: 198: 183: 166: 165: 156:Subsidiaries 92:Headquarters 76:Acquired by 47:Company type 29: 1136:15 November 1114:15 November 668:Kronenbourg 654:– Belgium; 650:– Finland; 582:Kronenbourg 498:Lapin Kulta 469:Kronenbourg 246:Kronenbourg 1452:Categories 1245:10 January 1241:. Brauwelt 1092:31 October 1070:31 October 1048:25 October 1026:31 October 678:References 670:– France; 652:Alken Maes 614:pale lager 607:Hofmeister 540:Grimbergen 516:Kingfisher 482:(Heineken) 448:Operations 433:Manchester 280:Woodpecker 104:Key people 78:consortium 68:April 2008 1369:0261-3077 1180:1 January 1158:1 January 1004:1 January 982:1 January 960:1 January 938:1 January 896:1 January 844:1 January 552:Younger's 510:Maes pils 420:Tadcaster 403:Gateshead 389:Edinburgh 379:Edinburgh 361:Breweries 350:from the 332:Carlsberg 310:Gateshead 306:Edinburgh 298:Newcastle 272:Strongbow 261:Carlsberg 194:Carlsberg 175:Edinburgh 96:Edinburgh 86:Carlsberg 1439:Archived 1310:BBC News 1208:30 April 892:. London 869:30 April 817:12 April 785:18 March 648:Hartwall 601:Websters 587:McEwan's 577:Foster's 546:McEwan's 463:Foster's 348:delisted 253:Hartwall 221:McEwan's 190:Heineken 125:Products 110:Chairman 82:Heineken 1420:Reuters 1315:2 March 1289:2 March 1267:2 March 734:25 July 572:Courage 568:Beamish 558:Simonds 457:Baltika 426:Reading 268:Bulmers 239:Courage 207:History 171:brewing 65:Defunct 57:Founded 1367:  1338:  504:Mythos 492:Sagres 410:Masham 169:was a 143:  136:Parent 51:Public 1402:2017 1376:2017 1365:ISSN 1336:ISBN 1317:2010 1291:2010 1269:2010 1247:2024 1210:2008 1182:2009 1160:2009 1138:2007 1116:2007 1094:2007 1072:2007 1050:2007 1028:2007 1006:2009 984:2009 962:2009 940:2009 898:2009 871:2008 846:2009 819:2007 787:2024 736:2009 605:The 439:Cork 330:and 278:and 192:and 179:beer 129:Beer 84:and 73:Fate 60:1749 757:doi 644:ROI 611:abv 304:in 80:of 1454:: 1418:. 1392:. 1363:. 1359:. 1308:. 1199:. 926:. 888:. 862:. 803:. 777:. 717:^ 693:. 646:; 642:– 418:, 387:, 354:. 274:, 248:. 234:. 1404:. 1378:. 1344:. 1319:. 1293:. 1271:. 1249:. 1212:. 1184:. 1162:. 1140:. 1118:. 1096:. 1074:. 1052:. 1030:. 1008:. 986:. 964:. 942:. 900:. 873:. 848:. 821:. 789:. 759:: 738:. 120:) 20:)

Index

Scottish and Newcastle

Public
consortium
Heineken
Carlsberg
Edinburgh
Chairman
Chief Executive
Chief Financial Officer
Beer
Parent
Heineken N.V.
Edit this on Wikidata
Subsidiaries
brewing
Edinburgh
beer
London Stock Exchange
Heineken
Carlsberg
Star Pubs & Bars

McEwan's
Newcastle Breweries
North of England
Courage
Kronenbourg
Hartwall
Baltic Beverages Holding

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