The Danish brewing group, Carlsberg Breweries A/S, has increased the stake in its Polish subsidiary, Carlsberg Okocim to 71.47% by acquiring 9.9% of the shares from the German brewery Bitburger. Thus the Danish group have invested another DKK 86 million ($11.9 million) in its partly owned subsidiary Carsberg Okocim.

“The reason for the acquisition is that Carlsberg Breweries believes in growth of the Polish beer market and therefore wants to increase its shareholding in Carlsberg Okocim. The acquisition will not influence the financial results for 2002,” the company said in a statement.

23 December, 2002