Danish brewer Carlsberg is looking for further acquisitions in Asia after raising its stake to nearly 30 percent from from 17.5 percent  in the Chinese brewer Chongqing Brewery Co Ltd , the group's chief financial officer said on Thursday.

Mr.Jensen, the CFO of Carlsberg, said Carlsberg has a strong foothold in western China, and it will be looking eastwards for further acquisitions "though not necessarily all the way to the coast." He added that Carlsberg was not interested in buying brewing assets held by Australia's Foster's, which recently said it would split off its beer division to focus on its wine and spirits business.