Viking Malt Purchases Carlsberg's Danish Malting Group
07 Jan 2016 --- Viking Malt Oy and Carlsberg Group have announced that Carlsberg is to sell its subsidiary Danish Malting Group A/S (DMG) to Viking Malt. Parties have also agreed a long term supply of raw materials for Carlsberg breweries. The transaction is expected to be finalized following the approval of relevant competition authorities. This may take a few months.
DMG has one malting plant in Denmark and two in Poland. As Viking Malt has its maltings in Finland, Sweden and Lithuania, the expansion to the neighboring countries is a natural step. After the transaction Viking Malt has malting capacity of 590.000 t/a, which brings Viking Malt number 5 in Europe and number 9 in the world in the malting industry.
“We are also thrilled about acquiring the roasted malt production of DMG Poland to complement our existing specialty malt portfolio. Now we can state that Viking Malt will be the leading producer of specialty malts globally thus being able to offer wider range of solutions to brewing industry including a strongly growing Craft Beer market”, says Orkola.
