Denmark: Carlsberg to enter into a new Nordic merger?
Article Abstract:
A complicated conflict of interests could force Carlsberg Breweries into a new Nordic brewing mergers, according to Nordea Securities. The conflict stems from Orkla owning considerable stakes in both Hartwall (20.4%) and Carlsberg Breweries (40%), which owns Sinebrychoff, the second-biggest brewery in Finland. Hartwall and Carlsberg Breweries are joint owners of Baltic Beverages Holding (BBH). The Finnish competition authorities have set a date by which this conflict has to be solved, and there are a number of alternatives to do this, according to Nordea Securities. The best alternative would be for Orkla to sell its stake in Hartwall. However, Carlsberg Breweries are hardly interested in a sale to an industrial buyer such as rivals Heineken or Interbrew. A way of solving this problem would be to compensate Orkla for selling its stake at a lower price to the Hartwall family for example. Another alternative would be a merger between Carlsberg Breweries and Hartwall, according to Nordea Securities.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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THAILAND: CARLSBERG HAS 70% OF BEER MARKET
Article Abstract:
During a five year period Thailand Carlsberg Brewery has succeeded in capturing 70% of the fast growing beer market in Thailand. 10% of the company is owned by Danish brewery Carlsberg. Thailand Carlsberg Brewery's two existing Thai breweries' capacity is constantly being expanded and a new brewery is planned. The Thai beer market grows by 12-15% per year, according to the head of Carlsberg Michael Iuul. Furthermore, the local beer brand Chang, which has been developed by Carlsberg, among other companies, has become the most popular brand in Thailand with 65% of the market sales. Michael Iuul says that the investments in Thailand have been very successful and that the company probably will increase its investments in the country.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2000
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Denmark:Vestfyen boosts beer & mineral water production
Article Abstract:
Vestfyen, a Danish brewer, has boosted its beer and mineral water production by 8% in fiscal 2000/2001 compared with the previous fiscal year. Its profit before tax has doubled to DKr4mn (US$482,000). Vestfyen has invested the profit in a bottling unit for mineral water in plastic bottles. It aims to boost its market share in mineral water to the same level as it has in the beer sector. The company aims to remain independent and has been waging a tough war against the dominance of the big brewing companies in Denmark.
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
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