Carlsberg acquisition of Britvic finalised
Carlsberg‘s acquisition of Britvic has now been finalised.
On 8 July 2024, the boards of Britvic and Carlsberg announced that they had reached agreement on the terms of a recommended cash offer to be made by Carlsberg to acquire the entire issued and to be issued ordinary share capital of Britvic (the “Acquisition”) to be effected by means of a Court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the “Scheme”).
On 17 December 2024, Carlsberg and Britvic announced that all regulatory conditions set out in Part A of Part III (Conditions to the implementation of the Scheme and to the Acquisition) of the Scheme Document had been satisfied.
On 15 January 2025, Britvic announced that the Court had issued the Court Order sanctioning the Scheme on that day.
Scheme effective
Britvic and Carlsberg has announced that, following the delivery of a copy of the Court Order to the Registrar of Companies, the Scheme has today become Effective in accordance with its terms and the entire issued ordinary share capital of Britvic is now owned by Carlsberg.