Carlsberg A/S
Full ownership of Wusu Beer Group

DGAP-News: Carlsberg A/S

2015-04-17 / 12:40

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The Carlsberg Group will increase its ownership to 100% in Wusu Beer Group
(WBG), the market leader in Xinjiang in China. WBG owns 6 breweries in Xinjiang
with a combined annual production capacity of approximately 6m hl. 



WBG is a 50/50 joint venture between the Carlsberg Group and Xinjiang Hops. In
addition to direct ownership in WBG, Carlsberg owns 30% in Xinjiang Hops. The
acquisition is done through an asset swap, where Carlsberg will acquire
Xinjiang Hops' 50% stake in WBG and dispose of the 30% stake in Xinjiang Hops.
The transactions are inter-conditional, and Carlsberg will receive a net cash
proceed of approximately DKK 200m upon completion. 



The transaction is conditional upon certain approvals and expected to be
finalised at the end of 2015. 





Contacts                                                                        
Media Relations: Jens Bekke       +45 3327 1412       Jim Daniell      +45 3327 
 2874                                                                           
Investor Relations:                     Peter Kondrup       +45 3327 1221       
 Iben Steiness          +45 3327 1232                                           
For more news sign up on www.carlsberggroup.com/subscribe  or follow            
 @CarlsbergGroup on Twitter.
News Source: NASDAQ OMX



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2015-04-17 Dissemination of a Corporate News, transmitted by DGAP - a
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Language:    English        
Company:     Carlsberg A/S  
 
 
             Denmark        
ISIN:        DK0010181759   
 
 
End of News    DGAP News-Service  
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345547 2015-04-17