Carlsberg, a Danish multinational brewer, agreed to acquire Waterloo Brewing, a brewery, for C$144m. "We've enjoyed a close relationship with Carlsberg and are excited about becoming part of one of the largest brewing companies in the world. Waterloo Brewing will be a great fit with Carlsberg's strong, purpose-driven culture, and our Board of Directors is confident that joining Carlsberg is the best long-term solution for our employees, partners, customers, consumers and community," George Croft, Waterloo Brewing President and CEO.