Carlsberg's UK beer business combines international lagers with British ale brands including Hobgoblin, Pedigree and Wainwright. The former Marston's brewing joint venture is now wholly Carlsberg-owned. [1][2][3][4][5][6][7][8][9][10][11][12]
Carlsberg acquired Marston's remaining 40% interest on 31 July 2024; the older 60/40 joint-venture split is historical. Marston's plc's pubs are separate. The UK business now trades as Carlsberg Britvic. Ringwood brewery closure did not itself dispose of retained beer brands. Jennings returned to independent ownership in 2025 and is excluded. Brooklyn is included only for territorial brand rights in Carlsberg markets, not as a wholly owned brewery. [1][2][3][4][5][6][7][8][9][10][11][12]
Headquarters, incorporation and tax residence describe different things. A headquarters address does not tell you where all of a company’s tax is paid.
Follow the investment
Investors in Carlsberg
Investor disclosures found
Selected investor disclosures have been found. Each names the held entity, basis and date; the complete investor register remains outside this review. A stake in a parent or operating company is shown against that entity. Dates refer to each disclosure and can differ from the profile review date. Evidence links are included with each record.
Held entity · Carlsberg Marston's Brewing Company · UK beer business
100% · completed UK brewing joint-venture buyout
Transaction completed ·
Marston's remaining 40% was acquired on 31 July 2024. Its pub company remains separate. This is the UK brewing-business stake, not foundation ownership of the listed parent.
Selected beers and brewery brands. Origin, present brewing location and ownership are separate facts; individual products can have different brewing or distribution arrangements. This is not an exhaustive catalogue.
Brand research reviewed . Ownership and tax figures elsewhere on this page describe the group, not individual brands.
Brand ownership remains within the group; a closed brewing site is a separate fact. Not every historical variant is certified as still in production. [7]
Markets & sources (1)
Also listed or searchable as: Banks Bitter, Banks's Amber, Banks's Mild
Marston's sold its remaining 40% brewing interest to Carlsberg on 31 July 2024. [2]
Jennings' own history confirms the brewery and brand rights returned to local family ownership in 2025. [12]
03 / The figures, with context
What does it report in UK tax?
UK cash corporation tax has not been verified in this ownership review. This does not mean no tax was paid.
United KingdomNot yet verified
UK corporation tax paid
Not yet verifiedCash payment
Carlsberg · UK cash reporting scope not reconciled Annual reporting period not yet verified
This beer ownership review has not established a UK cash corporation-tax payment. Ownership percentages, worldwide tax figures and beer duties do not establish that amount. [1]
These figures have different scopes. They should not be added together or used as a like-for-like tax ranking.