Carlsberg Friday unveiled its ‘strategic partnership’ with local brewer Myanmar Golden Star to brew Carlsberg beers in Myanmar.
Myanmar Carlsberg Co Ltd, a joint venture between Carlsberg Group and MGS, has been formed to produce Carlsberg brand beers and distribute them in the local market. Carlsberg will hold 51 percent stake of the joint venture.
“We have followed the developments in Myanmar closely and are encouraged by the recent political developments in the country,” Roy Bagattini, senior vice president of Carlsberg Asia Regionj, is quoted as saying by Globe Newswire.
Yangon region chief minister U Myint Swe attended the inauguration ceremony of the joint venture Friday, says the report.