Carlsberg Looks for Acquisitions in Asia as Europe Stagnates

Carlsberg A/S, the world’s fourth-biggest brewer, is seeking acquisition opportunities in Asia, including China, amid slowing growth in Europe.

“We look very actively across Asia,” Chief Executive Officer Joergen Buhl Rasmussen said in an interview in Beijing yesterday. In Europe, “we are assuming a cautious environment, very little growth, probably slight decline,” he said. Beer is “not completely recession proof.”