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Food & Beverage

Kirin's US beer deal threatened by Myanmar links

Craft brewer New Belgium urged to block takeover by Japanese group

Japan's Kirin is looking to acquire New Belgium, the fourth-largest brewer in the U.S.

PHNOM PENH/TOKYO -- Opposition to Japanese beverage giant Kirin's joint venture with a military-run company in Myanmar is creating headwinds for its expansion plans in the U.S. craft beer market.

The mega brewer is poised, via its Australasian subsidiary Lion, to acquire Colorado-based New Belgium Brewing, one of the largest independent craft beer breweries in the U.S.

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