India competition commission fines UBL, Carlsberg for cartelisation of beer supply chain

INDIA – The Competition Commission of India has imposed penalties totaling over Rs 873 crore (US$117.5m) on major brewing companies in the country for what it termed as cartelisation in the sale and supply of beer.  The list of companies that were found to be in contravention of the law include United Breweries Ltd, Carlsberg India, and SABMiller India Ltd, now renamed as Anheuser Busch InBev India Ltd (AB InBev).   All India Brewers’ Association (AIBA) was also found to be actively involved in facilitating such cartelisation.  Following the ruling, the CCI chose to give the three companies…

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Carlsberg’s raises full year guidance emboldened by strong recovery in beer volumes

DENMARK – Danish multinational brewing company Carlsberg has raised its full-year earnings guidance after reporting a “strong set of results” for the first half of the year.   The maker of Carlsberg and Tuborg brands registered 17.7% sales growth – on a reported basis – in Q2, while sales grew by 9.9% to DKK 31.69 billion (US$4.99 billion approx.) in the first half of the year.  Volume growth during the first six months reached 11.9% mainly driven by recovery in Asia where volumes grew 19.7% albeit from a low benchmark.  Meanwhile, the company’s Central…

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Carlsberg moves to new central office, extends digital manufacturing solutions to 28 breweries

DENMARK – Danish multinational brewer Carlsberg has moved to a new modern Central Office located on the same street as where the old Carlsberg brewery was originally founded in 1847 by brewer J.C. Jacobsen.   The new office with enough room for more than 700 employees has been described as a sustainable piece of construction with durable, long-lasting solutions made in natural materials.  The building’s copper façade is for instance made up of 50 percent recycled copper and transmits memories back to the old copper kettles used for brewing beer.  To reduce the energy consumption of…

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Carlsberg’s Danish brewery becomes the world’s most water efficient brewery

DENMARK – Danish multinational brewing giant, Carlsberg is inaugurating a new, revolutionary water recycling plant that recycles 90% of the process water at the Carlsberg brewery in Fredericia, Denmark. To achieve this great feat in recycling, the plant uses a new and innovative approach to cleaning and recycling process water where, among other things, UV-light is used to eliminate bacteria. Carlsberg Denmark Brewing Director, Anders Kokholm says that the recycling process is so effective that the process water ends up being clean enough to drink. He is however quick to…

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Mondelēz posts 7.9% revenue growth in Q1 as Carlsberg celebrates a “good start to the year”

US – American multinational snack and food company Mondelēz International has reported 7.9% growth in first-quarter net revenue to US$7.24 billion, driven by organic net revenue growth of 3.8%, favourable currency and the impact of its acquisitions of Give & Go and Hu. The owner of Oreo and Cadbury snack brands says that part of the of the growth could also be attributed to the strong growth it experienced in emerging markets. Following a 0.5% decline in 2020, Mondelēz’s Asia, Middle East and Africa business delivered 16.2% growth in net…

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Carlsberg’s 2020 revenues plunge as Covid-19 takes toll on major revenue streams

DENMARK – Danish multinational brewer, Carlsberg has posted an 8.4% decline in organic revenue in its 2020 results, following significant impact to its on-trade channel amid a “challenging year”. The company posted revenues of DKK 58.54 billion (US$$9.42 billion) in 2020 and further reported a 3.1% decline in organic operating profit to DKK 9.7 billion ($1.56 billion). Despite of the decline in revenues, Carlsberg says it delivered a “solid set of results despite Covid-19” and that the group’s financial situation remains strong. Beer sales plummet Accounting for around 25% of…

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Carlsberg appoints Joris Huijsmans as new as Chief Human Resources Officer

DENMARK – Dutch national, Joris Huijsmans has been appointed as the new Senior Vice President and Chief Human Resources Officer of Copenhagen based alcoholic beverages giant, Carlsberg. In his new role, Joris will lead the brewer’s global HR Leadership Team and serve as HR business partner to the executive committee. The Dutch national with a masters in in Civil Law from Leiden University in The Netherlands will start his new role in 1 January 2021, according to a statement from Carlsberg. Carlsberg in a statement said, Joris joined Carlsberg in…

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Carlsberg, Marston complete merger, name Paul Devies as CEO

UK – British brewing company Carlsberg UK and Marston’s have completed the process of merging their business operations to form Carlsberg Marston’s Brewing Company. Following the merger, Carlsberg Marston announced the appointment of Paul Davies, a Calsberg executive as the new CEO of the Joint Venture. The £780 million merger was initially announced in May, and was approved by the UK’s Competition and Markets Authority last month. Davies joins the new joint venture following a stint as managing director at Carlsberg Poland, a role he has held since 2019. Davies…

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Carlsberg set to acquire Germany’s most modern brewery Wernesgrüner Brewery

GERMANY – The Carlsberg Group has entered into an agreement with Bitburger Braugruppe to acquire the Wernesgrüner Brewery, one of the most modern and successful breweries in Germany, for an undisclosed sum. The traditional German Wernesgrüner beer brand in the Vogtland region of Saxony, Germany is also included in the deal and is expected to strengthen Carlsberg’s market position in its ‘core regions’ of northern and eastern Germany. “The acquisition of the Wernesgrüner Brewery will strengthen our position in our core regions of northern and eastern Germany. We will be…

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Carlsberg, Marston’s brewing US$1B merger given a go ahead by CMA

UK – The Competition and Markets Authority (CMA) has approved the £780 million (US$1.01 billion) joint venture deal between the UK division of Carlsberg and Wolverhampton brewing giant Marston’s. It judged that the deal would not adversely affect competition in the beer and cider industry, particularly among independent brewers and wholesalers. The agreement between the two companies would create the new Carlsberg Marston’s Brewing Company (CMBC), with Carlsberg UK owning 60 per cent and being able to sell their drinks in Marston’s 1,400 pubs and bars. This means pints of…

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