DENMARK: Speculation over Carlsberg CEO decision to quit
The chief executive of Carlsberg Breweries A/S Flemming Lindelov stepped down this week amid speculation by industry analysts that he was driven by pressure from the brewer's Norwegian partner Orkla ASA. According to a report by the Asian Wall Street Journal some analysts have said that Orkla's impatience with Lindeloev as well as their aspiration to have a larger say in the joint venture, which it set up with Carlsberg in May 2000 (with Carlsberg retaining 60% ownership and Orkla 40%) may have caused his decision to quit.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 14 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Bacardi Seeks Own History at Bombay Sapphire Home
- NPD: The Craft Cocktail Revolution
- No Home Comfort for TWE as Bids Collapse
- Private-equity bids "over" - TWE head
- Interview - WoSA chief executive
- Suntory Holdings to split beer, spirits division
- Diageo's Smirnoff Sours
- Anheuser-Busch InBev appoints new AmBev CEO
- Carlsberg suspends production at Russian brewery
- Treasury Wine Estates pulls plug on takeover talks