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15 January 2016

Viking Malt purchases Danish Malting Group

Viking Malt Oy and Carlsberg Group have on the 4th of Jan 2016 signed an agreement where Carlsberg sells its subsidiary Danish Malting Group A/S (DMG) to Viking Malt. Parties have also agreed about a long term supply of raw materials for Carlsberg breweries. The transaction is expected to be finalized following the approval of relevant competition authorities. This may take a few months.

DMG has one malting plant in Denmark and two in Poland. As Viking Malt has its maltings in Finland, Sweden and Lithuania, the expansion to the neighboring countries is a natural step. After the transaction Viking Malt has malting capacity of 590.000 t/a, which brings Viking Malt number 5 in Europe and number 9 in the world in the malting industry.