Deals
Carlsberg CEO Talks Deals, Announcing M&A Cash Is Ready to Use
- Danish brewer wants to enter new markets through acquisitions
- Carlsberg missed the beer industry’s latest consolidation wave
This article is for subscribers only.
The chief executive officer of Carlsberg A/S says he’s eager to do more acquisitions after the Danish beer maker missed out on the industry’s most recent wave of consolidation.
CEO Cees ’t Hart says he now has money to spend, and plans to start looking for merger opportunities in countries in which Carlsberg is already present. In about three to five years, the plan is also to look at new markets, he said in an interview at the company’s headquarters in Copenhagen.