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:

The Central Bank is Against the Legalization of Natural and Virtual Private Currencies
Demand For Foreign Currency In Russia Increased
Sberbank Got Effie Awards
New E-invoicing Service Launched
Lentach Launched a Platform Memeus Aimed at Earning Crypto Currency For Meme Publication

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Flowers Delivery

search on the map
Natural Calamities  Lopukhinsky garden  Pushkov  Tver  Moscow  Russian media  accident  European Parliament  Russian Literature  Ust-Buotama  Museum Exhibits  Russian business  Tanara River  Painting  Parks of Russia  Kaluga Region  Nikita Mikhalkov  Russian education  Sochi Olympics  Meteorites  Kulikovo Field  Communists   Japan  Archeology  lawsuit  Siberia  Festivals  Oleg Mityaev  Hermitage Hotel  Exhibitions in Moscow  Russian Cinema  Russian companies  Rossiya Bank  Skomorokhi  Russian Ballerinas  Russian history  Dolls  Samara  Mercedes-Benz Fashion Week Russia  Trans-Siberian Railway  Russian lottery  Same-Sex Marriage  Magnitsky Act  Avant-garde  Russian tourism  Sergei Kholodovskiy.  incident  Finds  Rostov-on-Don  Rostov 

Travel Blogs
Top Traveling Sites