A court order has been issued by the High Court sanctioning the £3.3 billion takeover of UK-based soft drinks company Britvic by the Danish-founded Carlsberg Group.
This deal was agreed in July 2024 and, on 17 December, the Competition and Markets Authority (CMA) announced that it was satisfied that the acquisition satisfied the relevant regulatory conditions.
With factories in Rugby, London and Leeds, Britvic is perhaps best known for producing soft drinks including brands like Tango, J20 and Robinsons.
Britvic is also the main partner for PepsiCo in the UK and Ireland, having exclusive rights to manufacture, bottle and sell brands such as Pepsi, 7UP and Lipton Ice Tea.
As well as it’s sites in the UK and Ireland, Britvic has facilities in France and Brazil.
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The Carlsberg Group, on the other hand, is synonymous with the alcoholic beverage market. Its beer brands include Carlsberg, Hobgoblin and Kronenbourg.
The acquisition is set to become effective upon the court order being delivered to the Registrar of Companies, which is expected to occur on 16 January 2025.
