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Greene King buys yet another brewer

19th June 2006

The Campaign for Real Ale today called on shareholders of Hardys & Hansons to reject the takeover offer from Greene King and draw a line in the sand on behalf of beer consumers. The consumer group also said the reintroduction of the Guest Beer Right is vital in order to protect consumer choice in the light of recent takeovers and mergers. The offer to buy Nottingham based Hardys & Hansons is the latest in a series of acquisitions that has seen Greene King devour ten rivals in ten years. CAMRA Chief Executive Mike Benner said: “If this deal goes through, history has shown us that Hardys & Hansons' brewery and beers will not be in safe hands. Now is the time for the shareholders who truly care about this excellent brewery with more than 174 years of history to make a stand and reject this offer. CAMRA is concerned that the acquisition of Hardys & Hansons 268 strong pub estate would take the number of pubs owned by Greene King and selling its beers to around 2680 nationwide. Having such a massive presence can only be damaging to consumer choice.

Source: National Camra

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