Jobs fight after brewery takeover - News in brief - Evening Standard
       

Jobs fight after brewery takeover

Unions are seeking jobs guarantees after the UK's biggest brewer accepted a £7.8 billion takeover offer from European rivals Carlsberg and Heineken.

The deal will herald the break-up of Edinburgh-based Scottish & Newcastle, whose UK operation and 3,300 staff will pass to Dutch giant Heineken.

Iain MacLean, national officer of the Unite union, said: "It will result in a period of uncertainty for the workforce and we are primarily concerned about the implications for UK jobs.

"We have a meeting with Scottish & Newcastle next week and we will be looking for Carlsberg and Heineken to guarantee the security of our members' jobs."

Heineken would not comment on potential UK job losses. The Dutch firm currently has no brewing operations in this country.

S&N - the world's seventh largest brewer by sales volume - has breweries in Manchester, Reading, Dunston near Newcastle, and Tadcaster, in North Yorkshire.

The company also owns the Bulmers cider mill in Hereford and has administrative staff in Edinburgh and Staines, Middlesex.

Danish brewer Carlsberg and Heineken began their pursuit of the Foster's and Newcastle Brown Ale maker last October and S&N's board finally accepted the pair's fourth offer for the business, worth 800p a share.

The deal will also net £218 million for Blackpool Tower owner and leisure tycoon Trevor Hemmings, who sold holiday camp chain Pontins to S&N in 1989 in return for a stake in the brewer. Mr Hemmings bought Pontins back from S&N in 2000, but still holds a 2.8% stake in the brewer.

FTSE 100-listed S&N can trace S&N's history back more than 250 years to 1749. It has bought up rival UK brewers in recent years - such as its acquisition of Courage in 1995 - and expanded overseas.

News in brief in Pictures

Don't Miss
Rock star: Erin Wasson

Rock star

Erin Wasson is the ultimate anti-supermodel
Maybe it’s because she’s a Londoner … Happy anniversary, Ma’am

Happy anniversary

The monarchy has become stronger and more respected in the past 60 years
Victoria Coren: My obsession with children, five proposals a week and why David and I are no power couple

Victoria Coren

David Mitchell and I are no power couple
The Royal Academy of Arts Summer Exhibition preview party

Summer party

Stars at the The Royal Academy of Arts
London gets ready for the Diamond Jubilee - in pictures

Diamond Jubilee

London gets ready - in pictures
The Glamour Awards - stars turn on the style

Glamour Awards

Stars turn on the style
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party

Garden party

Duchess of Cambridge is pretty in pink
FIRST review of Ridley Scott's latest sci-fi blockbuster Prometheus

First review

Is Ridley Scott's Prometheus any good?
Fair-weather goths

Fair-weather goths

The sultry shades of summer darks are coming out of the shadows
Dog save the Queen: Corgis surge in popularity

Dog save the Queen

Corgis surge in popularity