Kingway An Attractive Acquisition Opportunity For CarlsbergFebruary 2012 | Corporate Financing Analysis
Unlike the big three global beer companies, AB InBev, Heineken and SABMiller, Carlsberg does not have a particularly strong non-European business to fall back on as demand stagnates in its core northern and western European markets. Looking to address its emerging market (EM) weakness, Carlsberg is reportedly on the hunt for potential acquisitions across the Asia Pacific region, particularly China. Given its massive financial clout, Carlsberg certainly looks poised to embark on an acquisition spree across the Asian markets, and the sale of Kingway Brewery's assets are likely to attract Carlsberg's attention in this regard.
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