The Danish brewer Carlsberg has increased its ownership in the Cambodian brewer Cambrew Limited by 25%.
Next time you drink an Combodia beer it might have a touch of something Danish. Cambrew Limited (Cambrew), one of the largest brewers in Cambodian, is now mainly on Danish hands. After Carlsberg has increased their ownership in Cambrew by 25% they now own 75% of the brewer. Cambrew will retain a 25% ownership stake.
“The increased ownership of Cambrew is in line with our strategic priority of growing our business in Asia. The transaction gives us management control of the business in a beer market that offers appealing long-term growth opportunities,” says CEO Cees ’t Hart.
Cambrew’s beer brand Angkor Premium Beer is a popular brand among Cambodian consumers. Besides the beer, Cambrew also produces Pepsi bottles for the Cambodian market.
In 2005 Carlsberg got involved with Cambrew with 50% of shares.