15 March, 2023

Russia: Turkish brewer Anadolu Efes reaches agreement to purchase Calrsberg’s Russian breweries - sources

Turkish brewer Anadolu Efes has reached an agreement with Denmark's Carlsberg to purchase its eight Russian breweries, Vedomosti daily reported on March 15, citing two sources close to the talks.

According to the sources, the deal may close in the first half of 2023.

Carlsberg, the Western brewer most exposed to Russia, said last year it expected a writedown of about 9.9 billion Danish crowns after announcing a sale of its business in the country as a consequence of Moscow's invasion of Ukraine.

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