Carlsberg buys largest Swiss brewer
Who else but the usual suspects would be interested in acquiring Switzerland’s brewer and soft drinks bottler Feldschlösschen Getränke Holding AG from Feldschlösschen-Hürlimann Holding AG? Ultimately, Carlsberg Breweries clinched the deal, thus taking over with effect from 1 July 2000 the beverage business for CHF 870 million including external debt. As Norwegian Orkla and Danish Carlsberg AS announced in November (their joint company Carlsberg Breweries is still subject to approval by relevant authorities), Feldschlösschen is the largest brewer in Switzerland with 2,600 employees, 2.4 million hl of beer output in 1999 and a market share of 45 %. It owns four breweries and four bottling plants, where it packages 3. In 1998/99 its 12-month turnover was CHF 1. Per capita consumption was 58..