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CHINA: Carlsberg JV snaps up hops company

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Carlsberg has bought a stake in a Chinese hops provider. Xinjiang Hops Co. said today (14 June) that Xinjiang Lanjian Jianiang Investment Co., a joint venture owned by Carlsberg, has bought a 46.09% stake in the company.

Reports from China late last month claimed that Carlsberg has set up an investment joint venture in the Xinjiang region of China with Lanjian (Group) Co., a beer and soft drinks maker in south-west China's Sichuan province.

The only details presently available on the joint venture is its name.

Financial details were not provided by Xinjiang Hops.


Sectors: Beer & cider

Companies: Carlsberg

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