UK: Britvic shareholders approve takeover deal by Carlsberg
Britvic shareholders have approved a takeover deal worth £3.3bn by Danish brewer Carlsberg, The Manufacturer reported.
Voting at a meeting on August 27 (either in person or by proxy), 83% of Britvic shareholders voted in favour of the deal.
Under the terms of the agreement, Carlsberg will pay 1,315p per share to Britvic investors. The acquisition will create a single integrated beverage company in the UK, called Carlsberg Britvic.
Completion of the acquisition remains subject to the deal meeting certain regulatory approvals. Providing these are met, the acquisition is expected to be completed in the first quarter of 2025.
Speaking about the acquisition, Carlsberg group CEO Jacob Aarup-Andersen said: The proposed transaction is attractive for shareholders of Carlsberg, supporting our growth ambitions, being immediately earnings accretive and value-accretive in year three. We are excited about expanding our global partnership with PepsiCo and believe that the longer-term opportunities will be very beneficial for both companies.
We are committed to accelerating commercial and supply chain investments in Britvic, and we are confident that Carlsberg Britvic will become the preferred multi-beverage supplier to customers in the UK with a comprehensive portfolio of market-leading brands.
In a separate deal, Carlsberg has announced it will purchase Marstons 40% share in the two companies joint UK brewing venture, Carlsberg Marstons Brewing Company, for £206m, giving the Danish firm total control of the operation going forward.
E-malt.com, la fuente de información global para los profesionales de la industria cervecera y de malteado. Los boletines quincenales de E-malt.com incluyen las últimas noticias de la industria, estadísticas en gráficos y tablas, precios mundiales de cebada y malta, y otra información relevante. Haga clic aquí para obtener acceso completo a E-malt.com. Si usted es un cliente de Castle Malting, puede obtener acceso gratuito al sitio web y publicaciones de E-malt.com. Contáctenos para obtener más información en marketing@castlemalting.com.