Baltika refused to buy regional breweries

The acquisition by the Baltika brewing company of the assets of the producers Bouquet of Chuvashia and Bulgarpivo did not take place. The parties failed to agree on the final amount of 2.7 billion rubles.
“Bouquet of Chuvashia” is estimated at two billion rubles, produces up to 8 million decaliters of beer per year and occupies 0.6% of the beer production market. The company owns the brands “Vintage” and “5.0 Jubilee”, as well as the Wild Moose store chain. In 2023, its revenue increased by 9.07%, reaching 3.5 billion rubles.
Bulgarpivo, based in Naberezhnye Chelny, produces 13 million decaliters of beverages per year and occupies 0.4% of the beer production market. In 2023, its revenue decreased by 4.67%, amounting to 1.37 billion rubles.
In addition to beer production lines, Baltika’s interest could be related to the malting facilities of JSC Bouquet of Chuvashia (8.5 thousand tons per year), which would allow the company to complete the full cycle of brewing production — from malt to finished drink.