The European Commission has cleared under the EU Merger Regulation the acquisition of sole control of Britvic (UK) by Carlsberg (Denmark).
The transaction mainly concerns the production and distribution of soft drinks.
The Commission concluded that the notified transaction would not raise competition concerns, given its limited impact on competition in the markets where the companies are active.
The UK Competition and Markets Authority (CMA) also announced this morning that it had approved Carlsberg's acquisition of British soft drinks manufacturer Britvic, a deal valued at around 4.8 billion euros.
Britvic, which is listed on the London Stock Exchange's FTSE 250 index, boasts a portfolio of 39 brands, including Teisseire and Pressade in France, which it markets in some 100 countries.
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Carlsberg A/S is one of the world's leading beer producers. Net sales break down by activity as follows:
- beer production and sales: 101.2 million hectoliters sold in 2024 primarily under the Carlsberg and Tuborg brands;
- production, bottling, and distribution of non-alcoholic beverages: carbonated beverages, energy drinks, and mineral waters (24.5 million hectoliters sold in 2024).
At the end of 2024, the group had 70 breweries located in Denmark, in the United Kingdom (3), in Poland (3), in Germany (3), in Western Europe (6), in China (27), in India (7), in Asia (4), and in Central/Eastern Europe (16).
Net sales are distributed geographically as follows: Western Europe (50.7%), Asia (27.3%), and Eastern Europe/Central Europe/India (22%).
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