Two BC Breweries Plan Asian Expansions
On May 21, 2013 At 3:30 pm
Responses : Comments are off for this post
SURREY, BC & MISSION, BC – It’s often reported that Asia is one of the fastest growing regions for beer sales, and two breweries from British Columbia are getting set to take advantage of that rapidly expanding market.
Russell Brewing announced plans last year to establish a presence in China, and those plans are now set to come to fruition with the opening this summer of a small brewery and adjacent brewpub in Hefei, a city of 5.7 million people in Eastern China. The brewery will be operated by Russell Breweries China, a company formed by Russell in partnership with Vancouver private equity firm FVI Capital and its parent Anyi Capital Group in Shanghai.
Mission Springs Brewing has looked to South Korea for new opportunities, and has partnered with Indulge Korea to have its beer distributed in bottles and kegs in the country. In addition, a craft beer bar and pizza restaurant called The Springs Tap House will be opening in the Itaewon district of Seoul on June 1st.