Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Carlsberg Group got ownership of 96.77% of Baltika Breweries
27.08.2012 17:34
Carlsberg Group got ownership of 96.77% of Baltika Breweries

The Dutch company Carlsberg Group has increased its ownership of the Russian Baltika Breweries by 12.05% to 96.77% through a voluntary offer that expired on 9 August, reports the press release of Carlsberg. The offer was made through Carlsberg’s fully-owned subsidiary, Baltic Beverages Holding Aktiebolag, and successfully met the minimum conditions. When the necessary administrative steps have been completed the Carlsberg Group intends to launch a compulsory purchase of the remaining outstanding shares in Baltika Breweries.


When Carlsberg increases its share in Baltika Breweries up to 100%, Baltika will be totally integrated into the Carlsberg Group. Baltika will get the opportunity to distribute its brands thought other Group’s companies and use the Carlsberg distribution net.


Baltika Breweries is the leader on the Russian beer market with a market share of about 39% (in 2010). The company owns 11 breweries located in Russian regions and one brewery in Azerbaijan. It offers more than 30 brands of beer (including Baltika, Arsenalnoye, Nevskoye, Yarpivo, Tuborg, Carlsberg, Kronenbourg 1664, and a number of regional brands), as well and 11 non-beer brands. The production is exported to more than 70 countries around the world, including the countries of Western Europe, North America and the Near East region.


Photo: Itar-tass 



Author: Irina Fomina

Tags: Russian business Russian breweries alcohol in Russia   

Next Previous

You might also find interesting:

Gazprom will Acquire Gas Turbines from the German Siemens
M.Video Purchased Eldorado Chain for 45.5 Billion Roubles
SPIEF 2018: the Russia Greece Round Table
"Technological Entrepreneurship in Russia" to be Discussed at the St. Petersburg International Economic Forum
SPIEF 2018: Robots as Reliable Assistants of Humans

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share


search on the map
Mikhail Larionov  Russian history  Russian export  Saransk  Russian Literature  hot to get to Spartak stadium  South Stream  Moscow  Multimedia Art Museum  Russian companies  Ostrovok  Woodwork  Ufa  Sergius of Radonezh  Levada Centre  St. Petersburg  Fanagoria  Grants  Russian Cinema  Aeroexpress  Mercedes-Benz Fashion Week Russia  Primorsky Territory  Sochi 2014  Foreign Policy  the Crimea  plane tickets  children  Archeology  Russian Photographers  Naryn-Kala  Street Art  Dagestan  ENEA  "2-in-1" Film Festival   Exhibitions in Moscow  Russian Internet  Lipetsk Region  Arctic  Light Shows  Russian customs  nanotechnologies in Russia  Russian football team  Creative Workshop  Sergei Polonsky  Alexander Kitayev  computing  Russian business  Russian tourism  Great Silk Road   Gevork Vartanian 

Travel Blogs
Top Traveling Sites