DENMARK: Carlsberg grabs another 25% of Lao

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Carlsberg has upped its stake in Lao Brewery to 50%. The Danish brewer said yesterday (26 October) that it has bought another 25% from Chang for an undisclosed price.

Carlsberg added to its original 25% stake, which it acquired in 2002, leaving the Lao Government with the remaining 50%.

With a market share of around 99%, Lao Brewery is the only brewery in the country, Carlsberg said. The present yearly production is approximately 900.000 hl of beer, with a capacity of 1.2m hl.

Beer consumption in the country currently stands at around 20 litres per capita.

Sectors: Beer & cider

Companies: Carlsberg

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