Carlsberg acquires 50% of Cambrew in Cambodia

16/08/05 Carlsberg has acquired a 50% interest of Cambrew Ltd. in Cambodia. The brewery is located in Sihanouk Ville on Cambodia's west coast.

Cambrew has a total capacity of 450,000 hl and holds a 45% market share in Cambodia. The brewery owns the Angkor Beer brand, named after the famous temple Angkor Wat.

According to the company, 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 countries. 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 position in South East Asia, where Carlsberg is already present via shareholdings in Laos, Malaysia, Singapore and Vietnam. In Vietnam Carlsberg recently signed a so-called letter of memorandum regarding a strategic cooperation with Hanoi Brewery (Habeco).