Carlsberg Marston's Brewing Company makes brands such as Pedigree (CMBC/PA) Marston's confirmed it will receive £206 million to sell Carlsberg its 40% stake in the venture. It comes four years after the two brewers formed the UK joint venture in a deal valuing the operation at £780 million, as Marston's sought to focus more on its pub operation. Justin Platt, who became chief executive at Marston's at the start of the year, said: "This deal further strengthens our balance sheet, significantly reducing our debt by over £200 million.