Heineken Says Finnish Unit Hartwall Under Strategic Review

Heineken NV (HEIA), the world’s third- largest brewer, said it started a strategic review of its Hartwall business in Finland.

The company will finalize the review by the end of the year, the Amsterdam-based brewer said in a statement today. Heineken will examine options for the business within or outside of Heineken, it said.

The unit, which it acquired in the 2008 purchase of Scottish & Newcastle, has about 850 employees and makes cider, wine and spirits in addition to beer and soft drinks, the company said.

To contact the reporter on this story: Celeste Perri in Amsterdam at cperri@bloomberg.net

To contact the editor responsible for this story: Celeste Perri at cperri@bloomberg.net

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