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Swedish merger approved

Carlsberg, Orkla get conditional OK for deal

Dec 13, 2000 - The Swedish competition authorities have given conditional approval to Carlsberg and Orkla ASA to merge their Swedish breweries Falcon and Pripps as a part of the formation of Carlsberg Breweries. Carlsberg A/S will own 60% of Carlsberg Breweries and Orkla ASA, 40%.

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The Swedish authorities have requested that the following brands be sold: Three Towns, Fat, Arboga, Eagle, Bayerbrau, Starkbock and Sailor. Furthermore, Falcon and Pripps will have to give up their rights to distribute the five imported brands, Lapin Kulta, Warsteiner, Caffrey's, Bass and Staropramen.

Falcon will have to stop its current joint distribution agreement with Coca-Cola Drycker Sverige, and Carlsberg will have to dispose of its indirect ownership of Coca-Cola Drycker Sverige.


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