carlsberg
Marston's, a British pub and hotel operator, announced Monday a binding agreement to sell the whole of its 40% interest in brewing joint venture, Carlsberg Marston's Limited or CMBC, to a subsidiary of Carlsberg for £206 million ($263 million) in cash. With the sale of its remaining non-core brewing assets, the company now will be a pure play hospitality business entirely focused on pubs. The Board of Marston's has unanimously approved the deal, which is expected to be completed before the end of September 2024. Marston's plans to use the net proceeds to de-leverage, including paying down the ...
DPA International
Marston's, a British pub and hotel operator, announced Monday a binding agreement to sell the whole of its 40% interest in brewing joint venture, Carlsberg Marston's Limited or CMBC, to a subsidiary of Carlsberg for £206 million ($263 million) in cash. With the sale of its remaining non-core brewing assets, the company now will be a pure play hospitality business entirely focused on pubs. The Board of Marston's has unanimously approved the deal, which is expected to be completed before the end of September 2024. Marston's plans to use the net proceeds to de-leverage, including paying down the ...
DPA
Marston's, a British pub and hotel operator, announced Monday a binding agreement to sell the whole of its 40% interest in brewing joint venture, Carlsberg Marston's Limited or CMBC, to a subsidiary of Carlsberg for £206 million ($263 million) in cash. With the sale of its remaining non-core brewing assets, the company now will be a pure play hospitality business entirely focused on pubs. The Board of Marston's has unanimously approved the deal, which is expected to be completed before the end of September 2024. Marston's plans to use the net proceeds to de-leverage, including paying down the ...
DPA Breaking News
Danish brewery group Carlsberg and Britvic, a British producer of soft drinks, on Monday said they have agreed on the terms whereby Carlsberg's unit Carlsberg UK Holdings Limited will acquire Britvic for an enterprise value of about £4.1 billion ($5.2 billion) to be paid in cash. The acquisition values at nearly £3.3 billion on a fully diluted basis. Carlsberg plans to create a single beverage company in the UK, to be named Carlsberg Britvic. The company intends to take advantage of the highly synergistic relationship between beer and soft drinks, including within the areas of procurement, pro...
DPA
Danish brewery group Carlsberg and Britvic, a British producer of soft drinks, on Monday said they have agreed on the terms whereby Carlsberg's unit Carlsberg UK Holdings Limited will acquire Britvic for an enterprise value of about £4.1 billion ($5.2 billion) to be paid in cash. The acquisition values at nearly £3.3 billion on a fully diluted basis. Carlsberg plans to create a single beverage company in the UK, to be named Carlsberg Britvic. The company intends to take advantage of the highly synergistic relationship between beer and soft drinks, including within the areas of procurement, pro...
DPA International
Danish brewery group Carlsberg and Britvic, a British producer of soft drinks, on Monday said they have agreed on the terms whereby Carlsberg's unit Carlsberg UK Holdings Limited will acquire Britvic for an enterprise value of about £4.1 billion ($5.2 billion) to be paid in cash. The acquisition values at nearly £3.3 billion on a fully diluted basis. Carlsberg plans to create a single beverage company in the UK, to be named Carlsberg Britvic. The company intends to take advantage of the highly synergistic relationship between beer and soft drinks, including within the areas of procurement, pro...
DPA Breaking News
Danish brewer Carlsberg A/S reported strong first quarter results on Tuesday, with revenue growing by 4.4% year-over-year. First-quarter revenue increased to 17.13 billion Danish kroner ($2.46 billion) from last year's 16.41 billion kroner. Organic revenue growth was 6.4% and revenue per hectolitre growth was 4%, with positive contributions from all three regions. Organic volume growth was 2% in the quarter, with growth of 0.2% in Western Europe, 3.1% in Asia and 2.2% in Central and Eastern Europe and India (CEEI). Total premium beer category volume grew by 8%, while the company's Beyond Beer ...
DPA International
Danish brewer Carlsberg A/S reported strong first quarter results on Tuesday, with revenue growing by 4.4% year-over-year. First-quarter revenue increased to 17.13 billion Danish kroner ($2.46 billion) from last year's 16.41 billion kroner. Organic revenue growth was 6.4% and revenue per hectolitre growth was 4%, with positive contributions from all three regions. Organic volume growth was 2% in the quarter, with growth of 0.2% in Western Europe, 3.1% in Asia and 2.2% in Central and Eastern Europe and India (CEEI). Total premium beer category volume grew by 8%, while the company's Beyond Beer ...
DPA
Danish brewer Carlsberg A/S reported strong first quarter results on Tuesday, with revenue growing by 4.4% year-over-year. First-quarter revenue increased to 17.13 billion Danish kroner ($2.46 billion) from last year's 16.41 billion kroner. Organic revenue growth was 6.4% and revenue per hectolitre growth was 4%, with positive contributions from all three regions. Organic volume growth was 2% in the quarter, with growth of 0.2% in Western Europe, 3.1% in Asia and 2.2% in Central and Eastern Europe and India (CEEI). Total premium beer category volume grew by 8%, while the company's Beyond Beer ...
DPA Breaking News
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