Kirin Holdings Co. said Monday it will close two out of 11 domestic breweries before the end of 2010 to boost production efficiency in the face of a saturated beverage market.
The move comes as Kirin, Japan’s second-largest beer maker last year, pushes ahead with merger talks with Suntory Holdings Ltd., the No. 3 brewer, to create one of the world’s largest beverage and food companies.
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