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Carlsberg sells Norway brewery site to NorgesGruppen Consortium

Carlsberg continues to divest some of its non-core assets, this time announcing the sale of the property at a brewery site in Norway.

The deal will see the real estate of the E.C. Dahls brewery (based in Trondheim) being sold to a consortium made up of NorgesGruppen, Kjeldsberg and Heimdal Gruppen, for a price of 76 million euros).  As part of the deal, E.C. Dahls will continue brewing and serving its products.

Heine Dalsgaard, CFO of the Carlsberg Group, noted: “In line with Carlsberg Group’s strategy, we continuously valuate our assets and take a disciplined approach to cash and costs in order to focus on investing in the top line growth priorities. One of the priorities is craft & specialty beer, and E.C. Dahls will continue to brew and serve innovative, new craft brews. We will preserve E.C. Dahls’ brewery and develop it further as a craft & specialty brewery and cultural arena, that will be an attractive gathering for people and guests in the city”. (www.kamcity.com)

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