Tag Archives: Carlsberg

AB InBev withdraws funding for alcohol study as industry’s influence is questioned

The world’s largest brewer, Anheuser-Busch InBev (AB InBev) said it is withdrawing its financial support for a controversial study that will look into whether there are any health benefits to drinking alcohol in moderation.

The ten-year long clinical study which was announced last year had the financial support of the alcohol global heavyweights such as Diageo, Pernod Ricard, Heineken, Carlsberg and AB InBev.

According to the New York Times, the total amount so far raised by the drinks companies for the study is $66 million, of which AB InBev gave $15.4 million.

Carlsberg sells stake in Malawi brewery

Danish brewer, Carlsberg A/S, the fourth largest beer company in the world, behind Heineken, said on Wednesday it had sold its 59% stake in Carlsberg Malawi Brewery Limited (CMBL) to french beverage company, Castel Group.

The terms of the sale were not disclosed except that Carlsberg has signed a license agreement with Castel allowing it to continue to produce Carlsberg Lager in Malawi. Carlsberg Malawi Brewery Limited (CMBL) is one of the oldest breweries in Malawi and opened in 1968. It is also the first Carlsberg brewery outside Denmark.