Who owns CHANG BEER?
CHANG BEER is owned by
THAI BEVERAGE
First Brewed
1995
Origin
Thailand, Asia
Chang Beer was created in 1995 by Thai Beverage Company, founded by Charoen Sirivadhanabhakdi, in Bangkok, Thailand. Charoen had partnered with Carlsberg in 1991 to produce the Danish company’s beer in Thailand, and used that experience to develop Chang. As it began to outpace Carlsberg’s presence in the region, Carlsberg withdrew from the partnership in 2003, and Charoen successfully sued the company for $120 million. In 2005, the company attempted to get listed on the Thai stock exchange, but Buddhist monks protested, saying it would lead to higher consumption of alcohol. As a result, the company was then listed on the Singapore stock exchange instead.
Popular Beers by this Brand
- Chang Beer
- Chang Espresso Lager
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