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.

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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.

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