Reykjavik (IFN) Icelandic investment company FL Group has increased its stake in Denmark's Royal Unibrew to 20.47%, FL Group said on Thursday.
Royal Unibrew is Scandinavia's second largest Brewery. The group consists of four Danish, two Lithuanian, two Polish, one Latvian breweries and one Latvian soft drink producer.
Brand names include Albani, Faxe, Ceres, Maribo and Thor in Denmark, and Tauras and Kalnapilis in Lithuania.
Royal Unibrew has about 2,300 employees worldwide, and exports to about 65 countries. The company's revenue for 2004 was equal to about ISK30 billion.
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