Asgard Alcobev Acquires 78.9% Stake In CMJ Breweries
Asgard Alcobev buys 78.9 per cent of CMJ Breweries, making north-east India’s largest contract brewery its subsidiary.
Food & Beverage.
Companies
Banganga Paper To Rebrand As Asgard Alcobev After CMJ Buyout
- by BW Retail World Bureau
- January 19, 2026
Banganga Paper Industries to become Asgard Alcobev after acquiring 78.90 per cent stake in CMJ Breweries, signalling a beverages push.