Royal Swinkels Family Brewers Bought Georgian Beer- Argo's Share

Royal Swinkels Family Brewers purchased Argo Brewery purchased 40%, and increased its share of beer production to 15% in the Georgian market.

The company says it is the first direct European investment in Georgian Food and Beverage. The parties have already signed the agreement.

“The Georgian market is truly a discovery for us and we see great potential for the Royal Swinkles Family Brewers here. The location of the country at the crossroads of Europe and Asia offers great opportunities for export, which is a priority for us. By purchasing a share, we confirm our successful relationship with Argo and hope that we will further expand our relationships and develop new markets together, ”says Peer Swinkles, CEO of Royal Swinkles Family Brewers.