Carlsberg has signed a deal to take full control of Hué Brewery in Vietnam, in the latest stage of the brewer's expansion in the country.

Carlsberg, which already owns 50% of Hué Brewery, has signed a memorandum of understanding to acquire the remaining 50% stake from the Hué People's Committee, the brewer announced today (4 November).

A fee for the deal was not disclosed.

Hué Brewery, which has two production sites and an annual capacity of 2m hectolitres, is market leader in the central part of Vietnam with Huda as the core brand.

Carlsberg chairman Professor Povl Krogsgaard-Larsen, who signed the deal on behalf of the brewer, said: "The brewery has demonstrated solid sales growth for a number of years."

He added: "The acquisition marks another important milestone for Carlsberg in Vietnam and will further strengthen our already strong position in the Vietnamese market."

Carlsberg bought 50% of Hué in 1994. Since then the Denmark-based brewer has signed deals with other Vietnamese brewers, including Habeco
   
Carlsberg today reported a slip in third quarter beer sales.