The relationship between Carlsberg and Wusu

The relationship between Carlsberg and Wusu can be traced back to 2004, when Wusu Beer was the brand of Xinjiang Wusu Brewery. In 2005, Carlsberg and * *, the third largest brewer in the world, jointly invested in the establishment of Lan Jian Brewery, and Wusu Beer became its joint venture holding subsidiary. One year later, Carlsberg acquired 0/00% equity of Wusu Beer/KLOC and became a wholly-owned subsidiary of Carlsberg.

To sum up, Carlsberg now owns all the shares of Wusu Beer and becomes a wholly-owned subsidiary.