Carlsberg to acquire remaining 33% stake in Carlsberg South Asia from partner in USD 744-million deal

Carlsberg is acquiring the remaining 33.33 per cent stake in Carlsberg South Asia Pte. Ltd. (CSAPL) from its partner for USD 744 million, gaining full control of its businesses in India and Nepal. The deal includes acquiring a further 9.94 per cent shares in Gorkha Brewery Private Limited (GBPL). Carlsberg CEO Jacob Aarup-Andersen expressed satisfaction with the agreement, emphasizing the strategic importance of expanding in the Indian market. The transactions are expected to be completed in Q4 2024, subject to certain conditions.