LITHUANIA: Lithuanian competition authority OKs formation of Carlsberg Breweries
By Company Press Release | 9 November 2000
The Lithuanian competition authority has today approved the Carlsberg and Orkla deal in Lithuania. The approval is conditional on the sale of one of the three breweries involved in the deal - Svyturys, Utenos and Kalnapilis. The authority has not specified which one should be sold.Utenos and Kalnapilis are owned by Baltic Beverage Holding, which is 50% owned by Orkla. Svyturys is 58% owned by Carlsberg.Carlsberg has accepted the decision and will now consider which of the three breweries will be sold.
just-drinks articles are only available to registered users and members.
Join now for increased access
There are various access options to choose from. All provide instant access to the latest news, insight and expert analysis.
If you’re already a member, login here.
The Lithuanian competition authority has today approved the Carlsberg and Orkla deal in Lithuania. The approval is conditional on the sale of one of the three breweries involved in the deal - Svyturys, Utenos and Kalnapilis. The authority has not specified which one should be sold.Utenos and Kalnapilis are owned by Baltic Beverage Holding, which is 50% owned by Orkla. Svyturys is 58% owned by Carlsberg.Carlsberg has accepted the decision and will now consider which of the three breweries will be sold.
- Unlimited access to all the latest global beverage news and insight
- Expert analysis that puts the news into context
- Exclusive interviews with leading industry figures
- Monthly management briefings with detailed analysis on hot topics
- Personalised RSS feeds and email newsletters
- 10-year archive of news, insight and intelligence
- Discounts on just-drinks market research
- Plus much more
If you’re already a member, login here
More articles related to this one
VIETNAM: Carlsberg courtship pays off with deal
Carlsberg has finally hooked up with a state-owned Vietnamese brewer.
DENMARK: Carlsberg mulls IT services outsourcing
Carlsberg has entered into negotiations with the IBM Group regarding a possible outsourcing of the Danish brewer's IT services in Europe.
DENMARK: Carlsberg Q1 prompts rating drop
Carlsberg's rating has been lowered following its disappointing Q1 figures earlier this week.
