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Sazerac to acquire German Berentzen Group for 5.55 euros per share
US spirits giant Sazerac has entered into a business combination agreement to acquire the German Berentzen Group. Sazerac intends to launch a voluntary public cash takeover offer of 5.55 euros per share, which represents an approximately 68 percent premium over the volume-weighted average share price of Berentzen over the three months prior to September 16, 2026.
The Berentzen Group, known for brands such as Apfelkorn and Puschkin Vodka, has expressed strong support for the deal. Executive Board members Oliver Schwegmann and Ralf Brühöfner stated that the merger offers an “outstanding opportunity” to leverage Sazerac’s capital for innovation, sales, and international expansion.
The transaction is subject to a minimum acceptance threshold of 50 percent plus one share. If successful, Sazerac plans to delist Berentzen from the Frankfurt Stock Exchange. The completion of the takeover is expected in the fourth quarter of 2026.
Entities
BaFin · Berentzen Group · Berentzen-Gruppe Aktiengesellschaft · Jake Wenz · Oliver Schwegmann · Ralf Bruehoefner · Ralf Brühöfner · Sazerac Company, Inc.
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 4 SOURCES] The offer price represents an approximately 68% premium over Berentzen Group’s three-month volume-weighted average share price prior to September 16, 2026. www.bondguide.de · www.webdisclosure.com
- [○ 1 SOURCE] The Executive and Supervisory Boards of Berentzen Group support the planned business combination. www.webdisclosure.com
- [● 4 SOURCES] The takeover offer is subject to a minimum acceptance threshold of 50% plus one share. www.bondguide.de · www.webdisclosure.com
- [● 2 SOURCES] Sazerac intends to pursue the delisting of Berentzen Group shares following a successful takeover. www.bondguide.de · www.webdisclosure.com
- [○ 1 SOURCE] The total value of the takeover offer is approximately 53.3 million euros. www.diepresse.com
- [● 4 SOURCES] Berentzen Group and Sazerac have entered into a business combination agreement. www.bondguide.de · www.webdisclosure.com
- [● 4 SOURCES] Sazerac intends to launch a voluntary cash takeover offer for Berentzen Group at 5.55 EUR per share. www.bondguide.de · www.webdisclosure.com
- [● 3 SOURCES] The transaction is expected to close in the fourth quarter of 2026. www.bondguide.de