Diaspora

Carlsberg-backed Gorkha Brewery acquires Raj Brewery in major industry consolidation

KATHMANDU: Nepal’s beverage industry is undergoing a significant structural shift as Gorkha Brewery has acquired 100 percent ownership of Raj Brewery, marking one of the most notable mergers in the country’s alcohol and FMCG sector in recent years. The acquisition comes alongside a strategic cross-shareholding agreement, under which industrialist...

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