April 20 - Carlsberg Group's company in Norway, Ringnes AS, has signed a Letter of Intent to sell the brewery in Arendal to a group of local investors.
Ringnes will keep a 20% share in the company. A number of terms and conditions are to be clarified before the final agreement can be signed.
Arendal has 145 employees and is one of three breweries in Ringnes, which has a total of 1,550 employees and a market share in Norway of around 55%. Ringnes has earlier made it clear that the Arendal brewery does not fit into future production structure in Ringnes, and various structural solutions have been considered. One of these has been a sale of the brewery to local investors.
The sale of Arendal will increase the efficiency of Ringnes’ production structure.