Danish brewer Carlsberg has announced the sale of its property at the brewery site in Trondheim, Norway, to a consortium consisting of NorgesGruppen, Kjeldsberg and Heimdal Gruppen.
The brewery, E.C. Dahls, will continue to produce craft and specialty brews following the agreement.
Carlsberg said that the transaction is in line with its 'continuous evaluation of non-core assets and disciplined approach to take out cost while positioning the business for growth'.
The sale price for the brewery is NOK 729 million (€75.9 million).
”In line with Carlsberg Group’s strategy, we continuously valuate our assets and take a disciplined approach to cash and costs in order to focus on investing in the top line growth priorities," commented Heine Dalsgaard, CFO, Carlsberg Group.
"One of the priorities is craft & specialty beer, and E.C. Dahls will continue to brew and serve innovative, new craft brews. We will preserve E.C. Dahls’ brewery and develop it further as a craft & specialty brewery and cultural arena, that will be an attractive gathering for people and guests in the city."
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: European Supermarket Magazine.