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Carlsberg: $4.23 Billion Britvic Acquisition Deal

Carlsberg is a Danish multinational brewer founded in 1847 and headquartered in Copenhagen, Denmark. It is the 6th largest brewery in the world based on revenue and brews more than 500 different beers.

According to reports, Carlsberg has announced plans to acquire Britvic for $4.23 billion USD as the company plans to expand into the non-alcoholic beverage market in Britain.

The report mentions that Carlsberg plans to create an integrated beer and soft drinks company in Britain and strengthen the partnership with PepsiCo, which has bottling agreements with both Carlsberg and Britvic.

Britvic plc is a British producer of soft drinks founded in 1938 and headquartered in Hemel Hempstead, England. With presence in Brazil, Ireland, France, and Asia.