Carlsberg, a Dutch beer-brewing company and one of the world’s largest beer companies, is purchasing the remaining 15% of share of Russian corporation Baltika. It will become holder of 100% of share for $1.15 billion, Gazeta.ru reports.
Carlsberg expects to make the same income, without account of the purchase, as in 2011. It earned 9.82 billion Danish krones in 2011, compared with 9.80 billion Danish krones expected.
Carlsberg earned 63.6 billion Danish krones of net profit, compared with 63.01 billion expected.
Baltika owns 11 factories in Russia and one in Azerbaijan, producing such beer brands as Nevskoye, Yarpivo, Arsenalnoye, Tuborg and Carlsber. It holds over 40% of the Russian beer market. It received over 560 Russian and international awards, producing over 30 beer and 11 non-beer brands. The company produces about 52 million decaliters a month.
