BHB Brauholding Bayern-Mitte AG

BHB Brauholding Bayern-Mitte AG is a German beverage holding company headquartered in Ingolstadt, Bavaria. It describes itself as "the holding of the strong beverage brands in the heart of Bavaria" and has been listed in the m:access segment of the Munich Stock Exchange since July 2010. The group's brewing operations are carried out by Brauerei Herrnbräu GmbH, a wholly owned subsidiary, whose roots reach back to 1527. Through the 1873 merger with Danielbräu to form the Actienbrauerei, and the 1899 combination with the Bürgerliches Brauhaus, Herrnbräu has been under the umbrella of the joint-stock company since that era. The corporate lineage is traced to the founding of Bürgerliches Brauhaus Ingolstadt AG in 1882. The BHB Group has established itself as a traditional Bavarian beer specialist with a particular emphasis on wheat beer (Weißbier) specialities. Its current brand portfolio spans 10 wheat beers, 29 bottom-fermented beer specialities and several beer-mixed drinks. Through Bernadett Brunnen, Herrnbräu GmbH also offers a broad range of mineral waters and non-alcoholic refreshments, with 16 varieties available. The company highlights purity and repeatedly award-winning quality across its products. Commercially, BHB holds a strong market position in the centre of Bavaria, focusing on the conurbations of Ingolstadt, Munich, Regensburg, Nuremberg and Augsburg. Its customer base is broadly spread across gastronomy, retail businesses and end consumers. It has pursued internationalisation through an established sales channel in Italy and sees growing export opportunities in further countries. The stock-market listing is presented as an important precondition for accelerating a buy-and-build strategy, in which BHB acts as a platform for integrating breweries and brands. The successful integration of the brands Ingobräu, Gritschenbräu, Leitnerbräu and Schlossbrauerei Herrngiersdorf underlines its experience in planning and executing acquisitions. The company reports a solid financial structure, with preliminary equity of EUR 10.65 million as at 31 December 2024, corresponding to an equity ratio of 64 percent. Ownership is split between BBI Bürgerliches Bräuhaus Immobilien AG of Ingolstadt (35.5 percent), the BHB management (9.7 percent) and a free float of 54.8 percent. The management team includes Gerhard Bonschab and Franz Katzenbogen, each of whom has been responsible for developing the brewing business for more than 20 years. Beyond brewing, the group's operations also include brewery restaurants.

The corporate history of BHB Brauholding Bayern-Mitte AG is closely tied to the brewing traditions of Ingolstadt and the Herrnbräu brand. The roots of Brauerei Herrnbräu reach back to 1527. In 1873, a merger with Danielbräu created the Actienbrauerei, and in 1899 a combination with the Bürgerliches Brauhaus brought Herrnbräu under the umbrella of the joint-stock company that is the forerunner of today's BHB. The company's equity story dates the founding of Bürgerliches Brauhaus Ingolstadt AG to 1882, describing it as the start of centuries of brewing experience. Over the twentieth and early twenty-first centuries, the group evolved into a regional beverage holding. In 2008 it acquired the brand rights of the former Ingobräu brewery. Further brand integrations followed: Gritschenbräu of Schrobenhausen was added in 2009, Leitner-Bräu of Schwabach in 2010, and Schlossbrauerei Herrngiersdorf in 2014. These acquisitions illustrate the group's buy-and-build strategy, in which BHB serves as a platform for integrating breweries and brands. On 8 July 2010, BHB Brauholding Bayern-Mitte AG was listed in the m:access segment of the Munich Stock Exchange, a step the company describes as an important precondition for accelerating its acquisition strategy. The brewing business itself is conducted by Herrnbräu GmbH & Co. KG, with beers produced under the Herrnbräu brand and non-alcoholic beverages under the Bernadett Brunnen name. The group's main sales areas are the Upper Bavarian and Swabian districts around Ingolstadt and Schrobenhausen, and the Swabia region, supplemented by exports to Italy and Poland. In addition to breweries, the operations include brewery restaurants. By the 2010s the group had established itself as a traditional Bavarian beer specialist with a particular emphasis on wheat beer specialities. Its portfolio grew to encompass 10 wheat beers, 29 bottom-fermented beer specialities and several beer-mixed drinks, alongside 16 varieties of mineral water and non-alcoholic refreshments from Bernadett Brunnen. In 2011, BHB reported revenue of EUR 16.1 million and beverage sales of 214,000 hectolitres, a large part of which was own production with a minor share from trading external brands. Ownership has been divided between BBI Bürgerliches Bräuhaus Immobilien AG (35.5 percent), the management (9.7 percent) and a free float (54.8 percent). As at 31 December 2024, preliminary equity stood at EUR 10.65 million, an equity ratio of 64 percent, which the company presents as evidence of a solid financial structure and a competitive advantage in the ongoing consolidation of the brewing industry.

• 2024

  Preliminary equity of EUR 10.65 million as at 31 December, an equity ratio of 64 percent.

• 2014

  Integration of Schlossbrauerei Herrngiersdorf.

• 2011

  Revenue of EUR 16.1 million and beverage sales of 214,000 hectolitres reported.

• 2010

  Listing in the m:access segment of the Munich Stock Exchange on 8 July; integration of Leitner-Bräu (Schwabach).

• 2009

  Integration of Gritschenbräu (Schrobenhausen).

• 2008

  Acquisition of the brand rights of the former Ingobräu brewery.

• 1899

  Combination with the Bürgerliches Brauhaus brings Herrnbräu under the joint-stock company.

• 1882

  Founding of Bürgerliches Brauhaus Ingolstadt AG, the corporate forerunner.

• 1873

  Merger with Danielbräu to form the Actienbrauerei.

• 1527

  Roots of Brauerei Herrnbräu reach back to this year.

Traditional Bavarian beer specialist with a focus on wheat beer specialities, operating as a listed mid-cap holding and acquisition platform in the consolidating brewing industry.

• Herrnbräu wheat beers

  Wheat beer specialities, the group's particular focus; portfolio includes 10 wheat beers.

• Herrnbräu bottom-fermented beers

  29 bottom-fermented beer specialities in the portfolio.

• Beer-mixed drinks

  Several beer-mixed drinks in the portfolio.

• Bernadett Brunnen

  Mineral water and non-alcoholic refreshments, 16 varieties.

• Ingobräu

  Brand rights acquired in 2008.

• Gritschenbräu

  External brand produced and distributed by the group since 2009 (Schrobenhausen).

• Leitnerbräu

  External brand produced and distributed by the group since 2010 (Schwabach).

• Schlossbrauerei Herrngiersdorf

  External brand produced and distributed by the group since 2014.

1. 1Start | bhb-agbhb-ag.de
2. 2Equity Story | bhb-agbhb-ag.de
3. 3BHB Brauholding Bayern-Mittewikidata.org
4. 4BHB Brauholding Bayern-Mittefr.wikipedia.org