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The Danish brewing giant Carlsberg Breweries A/S might risk losing its position in the Thai market altogether if it will not clarify the dispute with its partner in Thailand or find a new joint venture partner, the brewer's executives reported in local press on July 03. Nils Smedegaard Andersen, Carlsberg Breweries’ chief executive director, said that Carlsberg would not be able to get a “strong footing” on the Thai market without a local partner.

On June 23, Carlsberg announced that "in order to protect its interests" it had replaced Chang Beverages' board members in its Asian joint venture Carlsberg Asia Pte Ltd with Carlsberg Breweries representatives. The brewer said that the 50/50 joint venture set up between the two companies last year had not developed as it had expected.

Carlsberg Asia output the beer brands Carlsberg and Beer Chang.

Carlsberg A/S is an international brewing company. For the year ending December 2002, the company reported sales of $7.1 billion, up 3.6% on the previous year. The group comprises the Parent Company the Carlsberg Breweries founded in 1847 and Tuborg Breweries founded in 1893 and about 1000 subsidiaries and associated companies, the majority of which are situated outside Denmark. The group has a workforce of more than 27,000 employees. It sells its products in 150 countries. The company is headquartered in Copenhagen, Denmark.


07 July, 2003