Denmark-based beer conglomerate Carlsberg is boosting its share of the Greek beer market with its latest takeover, say reports.
The company recently announced plans to acquire Olympic Brewery, an acquisition that will pump the company into Greece’s number-two spot in the beer industry behind Heineken. According to reports, Carlsberg will acquire a 51 percent stake in Olympic Brewery, leading to a 29 percent of Greece’s market share.
The Hellenic Competition Commission must first approve of the transaction, the companies said Tuesday.
This isn’t the first time Carlsberg has pursued Greek assets; according to reports, the company has already acquired Mythos Brewery.
Full content: Greek Reporter
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI