17 August, 2005

Cambodia: Carlsberg acquires 50% of Cambrew in Cambodia

Carlsberg acquires 50% interest of Cambrew Ltd. in Cambodia. The brewery is located Sihanouk Ville on Cambodia’s west coast.

Cambrew has a total capacity of 450,000 hl and holds a 45% market share in Cambodia. brewery owns the Angkor Beer brand, named after the famous temple Angkor Wat. The potential for growth in the Cambodian beer market is significant as the beer consumption per capita is only about 6 litres per year, which is below the level in the neighbouring tries. Here the average consumption is 12-22 litres per capita per year.

The acquisition is a further step in fulfilling Carlsberg’s strategy to enhance the strong tion in South East Asia, where Carlsberg is already present via shareholdings in Laos, laysia, Singapore and Vietnam. In Vietnam Carlsberg recently signed a so-called letter memorandum regarding a strategic cooperation with Hanoi Brewery (Habeco).

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