DENMARK/CHINA: Carlsberg looks to up stake in Chongqing

By | 26 February 2013

Carlsberg is considering raising its stake in the brewery

Carlsberg is considering raising its stake in the brewery

Carlsberg is looking to increase its stake in Chongqing Brewery, its joint-venture partner in China. 

In a filing yesterday (25 February), the Danish brewer said that a “potential” move to raise its share in the brewery is “under consideration”. Trading in Chongqing's shares has been suspended as a result of the possible transaction. 

"Until the trading suspension expires, the companies are not able to provide further details," the filing said. 

Carlsberg is Chongqing's biggest shareholder, with a 29.7% stake. The brewer inherited the holding when it teamed up with Heineken to acquire Scottish & Newcastle in 2008. It raised its share to the current level in 2010.

Carlsberg was forced to defend Chongqing's management early last year, after the company's shares were suspended from trading.

Expert analysis

Beer in China

Beer in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2006-10, and forecast to 2015). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the China beer market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Sectors: Beer & cider, Mergers & acquisitions

Companies: Carlsberg, Heineken

View next/previous articles

Currently reading -

DENMARK/CHINA: Carlsberg looks to up stake in Chongqing

There are currently no comments on this article

Be the first to comment on this article

Related research

Carlsberg A/S : Consumer Packaged Goods - Company Profile, SWOT & Financial Report

Canadean's "Carlsberg A/S : Consumer Packaged Goods - Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products and servic...

OAO Baltika Breweries : Consumer Packaged Goods - Company Profile, SWOT & Financial Report

Canadean's "OAO Baltika Breweries : Consumer Packaged Goods - Company Profile, SWOT & Financial Report" contains in depth information and data about the company and its operations. The profile contains a company overview, key facts, major products an...

Related articles

DENMARK: Carlsberg workers return after nine-day strike

Workers at Carlsberg's Fredericia production facility in Denmark have returned to work today (23 August) after a nine-day strike.

just the Round-Up - The week in drinks

The top ten stories published on just-drinks this week:

just For Subscribers - The week in drinks

Here are the ten most viewed, subscriber-only items on just-drinks this week:

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page