Danish Carlsberg will become officially majority shareholder in local brewery Pirinsko Pivo October 29, after the technical purchase of a 67% stake in Pirinsko Pivo was effected on the Bulgarian Stock Exchange. Carlsberg paid more than BGN 18 M or BN 26 per share for Pirinsko Pivo equity holdings of Cypriot offshore companies Traversa Ltd. And Bristow Holding Ltd. The deal was negotiated in the summer. The Commission for Fair Competition approved Carlsberg acquisition of a 67 percent stake in Blagoevgrad-based brewer Pirinsko Pivo earlier this week. Following its acquisition of a 59,4 percent stake in Bulgaria's oldest brewery Shumensko Pivo in July, Carlsberg now controls twenty percent of the Bulgarian beer market. Pirinsko Pivo brewery is considered one of the fastest growing breweries in Bulgaria in the last five years.