Carlsberg to sell its Russia business by summer
Carlsberg announced its withdrawal from the Russian market back in March 2022 (Photo:engin akyurt / Unsplash)
Danish brewing company Carlsberg plans to sell its Russian business by the end of this spring, outgoing company CEO Cees 't Hart said in a message on March 7.
“Staying on board for another half a year will allow me and the team to continue delivering on our challenging plans for 2023 and accomplishing the sale of the Russian business before the summer,” the message on Carlsberg’s website reads.
Cees 't Hart served as CEO of Carlsberg for eight years. He will leave the post no later than the end of Q3 2023.
On Aug. 17, 2022, Reuters reported that Carlsberg brewing company expects to complete the sale of the Russian business in 2023.
In April 2022, Russian business newspaper Kommersant reported that Carlsberg may sell its Russian business to Anadolu Efes AB InBev Efes.
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