Drinks

Carlsberg Buys Stake In Chinese Micro Brewery

By Donna Ahern
Carlsberg Buys Stake In Chinese Micro Brewery

Danish brewer Carlsberg has bought a minority stake in Chinese micro brewery Jing-A, the company said on Friday.

Carlsberg will distribute beer produced by Beijing-based Jing-A while the Chinese brewer will remain in control of producing its craft and specialty beers and developing its brand, a Carlsberg spokesman said, noting that this was a 'small investment.'

He did not disclose financial details of the deal.

The news was first reported by Danish newspaper Borsen on Friday.

News by Reuters, edited by Checkout. Click subscribe to sign up for the Checkout print edition.

ADVERTISEMENT

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.