Viking Malt Oy

Viking Malt purchases Danish Malting Group from Carlsberg

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Press Release 5.1.2016 at 12:00 Finnish time. Viking Malt Oy and Carlsberg Group have on the 4th of Jan 2016 signed an agreement where Carlsberg sells its subsidiary Danish Malting Group A/S (DMG) to Viking Malt. Parties have also agreed about a long term supply of raw materials for Carlsberg breweries. The transaction is expected to be finalized following the approval of relevant competition authorities. This may take a few months.

"This acquisition will improve Viking Malt’s capability to better serve its customers worldwide and strengthen Viking Malt’s position as the leading maltster in Northern Europe", says Antti Orkola, Managing Director of Viking Malt Group.

DMG has one malting plant in Denmark and two in Poland. As Viking Malt has its maltings in Finland, Sweden and Lithuania, the expansion to the neighboring countries is a natural step. After the transaction Viking Malt has malting capacity of 590.000 t/a, which brings  Viking Malt number 5 in Europe and number 9 in the world in the malting industry.  

"We are also thrilled about acquiring the roasted malt production of DMG Poland to complement our existing specialty malt portfolio. Now we can state that Viking Malt will be the leading producer of specialty malts globally thus being able to offer wider range of solutions to brewing industry including a strongly growing Craft Beer market", says Orkola.

Further info

Antti Orkola, Managing Director, Viking Malt group
antti.orkola@vikingmalt.com
tel +358 400 412413

www.vikingmalt.com

www.carlsberggroup.com

Links

About Viking Malt Oy

Viking Malt Oy
Viking Malt Oy
Niemenkatu 18, PL 22
15141 LAHTI

http://www.vikingmalt.com

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