GERMANY: Carlsberg readies Braunschweig sale to Oettinger
Carlsberg has agreed the sale of one of its breweries in Germany.
As reported last week, Carlsberg Deutschland has been in negotiations of late to sell off its facility in Braunschweig, which brews Feldschlösschen Pilsner, Carlsberg and Tuborg.
Today (29 June), the brewer's German unit said that it will sell the brewery to Oettinger Brauerei. The sale, for an undisclosed price, will take effect from 1 August, and will see Oettinger acquire the brewery with all 150 production employees, all related assets as well as a number of discount and private label brands.
"The sale is part of the continuous optimisation of Carlsberg's European brewery network structure," Carlsberg said. "The sale is also part of Carlsberg Deutschland's strategy to increase focus on the more profitable core brand business."
Founded in 1871, the Braunschweig brewery was taken over in 1976 by Holsten Group which became part of Carlsberg in 2004. The company will have three remaining facilities in Germany: in Hamburg, Lübz, Dresden.
What 2009 lacked in explosive headlines in the brewing category, it more than made up for in tactical manoeuvres for the future. Olly Wehring considers a year that was always going to struggle, in eve...
The top ten stories published on just-drinks this week:...
Carlsberg has raised its full-year earnings forecast after seeing volumes boosted by distributor stockpiling in Russia, ahead of a jump in beer duty tax next month....
Carlsberg Brewery Malaysia Berhad has appointed Søren Ravn as managing director to replace Søren Holm Jensen who is returning to Copenhagen to take up a senior post....
Sapporo Holdings has become the latest Japanese brewer to expand overseas, by agreeing a deal to buy out Carlsberg from its Kronenbourg Vietnam business....
Carlsberg may build a new brewery in Ukraine via its Baltic Beverages Holding subsidiary....
Carlsberg is to expand lager production at its UK brewery in Northampton following a plan to close its brewery in Leeds....
The head of Heineken has predicted that consolidation will continue in the global brewing industry going forward, and that the company "will participate"....
- Focus - Edrington's FY Performance by Brand
- Where Beer is Brewed Can Leave a Bad Taste
- Analysis - Storm clouds lift over Diageo Towers
- Pernod relies on Indian whiskey to crack Africa
- Analysis - Cider's Campaign Gains
- Former Bacardi exec takes De Kuyper CEO role
- Diageo lining up Gleneagles sale - report
- Diageo CFO Mahlan to head up N America
- Edrington posts FY profits drop
- TWE, Pernod hail China-Aus FTA
- Global liqueurs insights - market forecasts, product innovation and consumer trends research
- The IWSR Company Profile 2014 – Remy Cointreau
- Diageo plc (DGE) - Financial and Strategic SWOT Analysis Review
- Edrington Group in Spirits (World)
- Global Tequila insights - market forecasts, product innovation and consumer trends research