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Case file s100 · Foundations · 1887
1887
J. C. Jacobsen: JC Jacobsen 1886 by August Jerndorff
J. C. Jacobsen. August Jerndorff. Public domain, Wikimedia Commons.
Died
30 April 1887 (J.C. Jacobsen)
Place
Rome · Italy
Field
brewing · Business and finance on the timeline
Legal tradition
Danish law (foundation under state supervision) · Civil law
Historical event
Industrial brewing in Denmark; 1906 merger of the two Carlsberg breweries
Member of
Copenhagen City Council, Folketing, Folketing, Landstinget, National Liberal Party (Wikidata)

Carlsberg's founder gave his brewery to a foundation after a feud with his son, who built a rival brewery beside it

J.C. Jacobsen founded the Carlsberg brewery at Valby outside Copenhagen in 1847 and named it after his son Carl. In 1875 he founded the Carlsberg Laboratory. In 1876 he created the Carlsberg Foundation and endowed it with shares in the brewery†. Father and son fell out. In 1882 Carl opened his own brewery next door, first called Valby Brewery and then Ny Carlsberg; the father's plant became Gammel Carlsberg. They reconciled in 1886†. When J.C. died in 1887 his will left the remaining brewery shares to the foundation, not to Carl, and required the foundation always to own at least 51%†. Carl set up the New Carlsberg Foundation in 1902, and in 1906 the two breweries merged with Carl as chief executive†. Carl founded the Ny Carlsberg Glyptotek museum in 1897 and died in 1914. In May 2007 the Danish foundation regulator reinterpreted the 51% rule as at least 25% of capital and 51% of votes, with A shares carrying 20 votes and B shares 2†. The foundation still controls Carlsberg in 2026†.

What the law took from it

A founder who does not trust his heir can put control in a foundation and leave the heir to build his own fortune; a foundation charter can then be reinterpreted by the regulator to let the company raise capital.

Sources
  1. Journal article (DOI)Scholarship
  2. Wikipedia (English)Encyclopedia
  3. Wikipedia (English)Encyclopedia
  4. Wikipedia (English)Encyclopedia

Cite as: celebrity.estate, “Carlsberg's founder gave his brewery to a foundation after a feud with his son, who built a rival brewery beside it,” story s100, https://www.celebrity.estate/carlsbergs-founder-gave-his-brewery-to-1887, updated 30 October 2026.

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