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 Share of Non-cash Payment in Russia Reached 50%
All Stores in Russia may be Obliged to Accept Bank Cards
Sberbank and Group will Create a Joint Venture
The Fitch Ratings Agency Confirmed Russias Investment Rating at BBB Level
The Decisions of Foreign Courts on Business Cases will Begin to be Executed in Russia

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Russian Architecture  St. Petersburg  Novgorod Region  Ryazan  travel to Russia  Pavel Korin  Mercedes-Benz Fashion Week Russia  economic crisis  Science Fest  Teletskoye Lake  Russian Film Directors  National Agency for Financial Studies  Russian tennis  Filyovsky Park  Russian car market  Cemeteries  Russian tourism  Festivals in Moscow  Monuments in Moscow  Exhibitions in Moscow  Science  Ice Breakers  Moscow  Tula Region  Russian Orthodox Church  Russian regions  McDonalds  Tower House  renewable energy  Academicians  police reform  Phobos-Grunt  Russian sportsmen  Russian events  Festivals  Russian business  US sactions  Tver region  Children's Writers  Dogs  Heroism   Izhevsk  Monuments  Olympics 2012  Modern Art in Traditional Museum  Satka  Architecture Monuments  German companies in Russia  Khabarovsk  Russian Cinema 

Travel Blogs
Top Traveling Sites