Sazerac Launches €53.3 Million Offer for German Drinks Maker Berentzen
Sazerac has offered €5.55 per Berentzen share (about €53.3 million) in a voluntary cash takeover, with both Berentzen’s executive and supervisory boards backing the deal and a minimum 50%+1 share acceptance required for closing slated for Q4 2026. The move comes as Berentzen struggles with shrinking demand and profits, prompting Sazerac to frame a Europe-wide growth platform using Berentzen’s bottling and distribution capabilities, including a planned delisting if the deal goes through.
Business · 9 sources · Sep 21, 2026Read itThe journal
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About Sazerac Company
Sazerac Company, Inc., is a privately held American alcoholic beverage company headquartered in Metairie in the metropolitan area of New Orleans, Louisiana, but with its principal office in Louisville, Kentucky. The company is owned by William Goldring and his family. As of 2017, it operated nine distilleries, had 2,000 employees, and operated in 112 countries. It is one of the two largest spirits companies in the United States, with annual revenue of about $1 billion made from selling about 300 beverage brands.
Everything about Sazerac Company →- Country
- United States
- Headquarters
- New Orleans, Metairie
- Inception
- 1850
- Website
- http://www.sazerac.com/