1998 was the year to see the merger between Brau AG and Steirerbrau to finally form what is Brau Union Österreich AG today. Five years later, in 2003, Brau Union Österreich acquired 33% of the shares of Brauerei Schladming, that amount was raised to 90% just two years later. Since 2003, Brau Union Österreich has been part of its parent company HEINEKEN based in Amsterdam and works as a showcase example on how strongly Austrian companies are capable of positioning themselves in multi-national corporations.
You can look up the detailed history of Brau Union Österreich AG here – Starting from the first brewery, to the foundation of Österreichische Braubank AG and the development into an international operation of the HEINEKEN family.