Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Food & drink

Britvic Carlsberg deal being looked at by UK competition watchdog

Robinsons squash maker Britvic PLC's (LSE:BVIC) takeover by Danish brewing giant Carlsberg is to be scrutinised by the UK competition watchdog.

The Competition and Markets Authority (CMA) is asking for comments from interested parties about whether the deal might affect competition in the soft drinks and beer markets and harm consumers.

Britvic agreed to the £3.3 billion deal in July having rejected an initial offer of £3.1 billion.

Britvic owns J2O and Tango as well as Robinsons and holds an exclusive licence with PepsiCo to bottle and distribute Pepsi, 7up and others of its brands in the UK.

At the time of its offer, Carlsberg said it could save £100 million a year by integrating the two businesses.

Britvic shareholders have approved with the firms expecting to complete the deal in the early part of 2025.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK