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:

American Marketplace iHerb Opens a Division in Russia
Russian Company Raises $ 15 Million from a Group of Investors
A Joint Fund will be Created for Investments in Technology Companies in Russia and South Korea
VkusVill Network Plans to Expand in Europe
It is Planned to Open 30 New My Business Centres in Russia in 2019

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

search on the map
Theatre Festivals  Oak  Alexei Fatyanov  Petr Pavelensky  Alyona Leonova  Russian Composers  Exhibitions in Moscow  Open-Air Concerts  Elections 2012  Russian business  Soviet Actors  Moscow  invest  tours to Russia  Sergey Bondarchuk  International space station  Street Art  Borisoglebsk  Film Festivals  Rybinsk City Day  Russian oligarchs  Alexey Navalny  LTE  travel to Russia  Artplay Design Centre  Russian Cinema  Russia opposition  Mercedes-Benz Fashion Week Russia  3D Printer  Painting  Festivals of St. Petersburg  Nature Reserves  St. Petersburg  aircraft  Zemfira  Moscow-Manchester flights  Russian ballet dancers  Oceanariums  Alyosha Dmitrievich  places to visit in Russia  Festivals in Moscow  contemporary art  Pobeda  Kabardino-Balkaria  Russian Bears  Burial Grounds  FBI  Sochi International Film Awards  Russian regions  Russian tourism 

Travel Blogs
Top Traveling Sites