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Drinks

Carlsberg Buys Stake In Chinese Micro Brewery

Danish brewer Carlsberg has bought a minority stake in Chinese micro brewery Jing-A, the company said on Friday.

Carlsberg will distribute beer produced by Beijing-based Jing-A while the Chinese brewer will remain in control of producing its craft and specialty beers and developing its brand, a Carlsberg spokesman said, noting that this was a "small investment."

He did not disclose financial details of the deal.

The news was first reported by Danish newspaper, Borsen, on Friday.

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

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