Carlsberg takes larger portion of Cambrew
16 August 2018
DENMARK-based Carlsberg Group has expanded its ownership of the Kingdom’s beverage firm, Cambrew, to 75 per cent, it said on Monday.

The European group previously held a 50 per cent stake in the local brewer of Angkor beer. The transaction gives Carlsberg the largest stake of the Cambodian company, while Cambrew itself will retain 25 per cent ownership.

Cambrew’s consulting manager Ou Ratanak told The Post on Wednesday that competition in the beverage market has gotten tougher in the last few years, and that it hoped to return to its recently lost position as market leader in the brewery industry.

Cambrew manufactures and markets a wide portfolio of beers, soft drinks and bottled water in the Kingdom. Its brands include Angkor Premium Beer, Angkor Premium Extra Stout, Klang, Black Panther, Tuborg, Carlsberg, Guinness, Pepsi, Angkor Puro and many more.

Ratanak said the new management will strengthen the market standing of all products produced by Cambrew, with a special focus on the iconic Angkor Premium Beer.
“We have ambitions to make Angkor Beer the best selling Cambodian beer in regional and international markets,” he said.
https://www.phnompenhpost.com/business/ ... on-cambrew

Carlsberg to take full control of Cambodia's Cambrew
Olly Wehring 31 October 2019
Carlsberg has lined up the acquisition of the remaining stake in its joint-venture in Cambodia.
Carlsberg will have full control over Cambrew, Cambodias beer market leader

Coinciding with the release of third-quarter and year-to-date results, the group said today it has agreed to buy out Goh Nan Yang, the JV's former MD, giving it 100% control of Cambrew. While financial details were not announced, CEO Cees 't Hart said on a call today: "If you look at the 2018 annual report, you can see that we paid around US$200m for the 25% we acquired in August 2018.

"You can assume that we paid a bit more for the rest."

Having initially bought into Cambrew in 2005, the 25% acquired last year took Carlsberg's holding to 75%.

"The agreement is in line with our strategic priority of growing our business in Asia and in a beer market that offers appealing long-term growth opportunities," 't Hart said in today's statement.

Cambrew, which is headquartered in Sihanoukville in the south-west of the country, is Cambodia's largest brewer through the Angkor Premium Beer brand. The company is also the producer and bottler of Pepsi for the country.
https://www.just-drinks.com/news/carlsb ... 29623.aspx