Carlsberg Secures Full Control of South Asian Operations in $744M Deal

Danish brewing giant Carlsberg announces the acquisition of the remaining 33.33% stake in Carlsberg South Asia Pte. Ltd. from its partner CSAPL (Singapore) Holdings Pte. Ltd. for $744 million. This strategic move grants Carlsberg full control over its operations in India and Nepal, bolstering its growth in the Asian beer market.

Danish brewing major Carlsberg has announced a strategic acquisition, securing the remaining 33.33% stake in Carlsberg South Asia Pte. Ltd. from its partner CSAPL (Singapore) Holdings Pte. Ltd. The deal, valued at USD 744 million, positions Carlsberg to take full control of their businesses in India and Nepal.

Following the transactions, Carlsberg will own 100% of its existing business in India and 99.94% of the business in Nepal. The total purchase price is subject to adjustments outlined in the transaction documents.

This acquisition aligns with Carlsberg's Accelerate SAIL strategy, focusing on long-term growth in the Indian beer market. They aim to capture additional growth opportunities by increasing investments and achieving full market control.

(With inputs from agencies.)