Carlsberg increases ownership in Cambodian company

The Danish brewer Carlsberg has increased its ownership in the Cambodian brewer Cambrew Limited by 25%.

Cees ’t Hart has been CEO and President of Carlsberg A/S since 2015. Photo: Carlsberg Group

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.

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