Berentzen

Spirits manufacturer Berentzen has received a takeover offer from Sazerac worth €53.3 million. Sazerac intends to use Berentzen to strengthen access to the European market and to employ its bottling facilities for its own brands and private labels. Berentzen has been hit by declining demand for alcoholic beverages but returned a small profit of €2.4 million in 2025. The management board supports the sale provided Sazerac acquires more than 50% of the shares; if successful, Berentzen would be taken off the stock market. » More on faz.net

US spirits group Sazerac has signed a merger agreement with Berentzen and will make a public takeover offer of €5.55 per share. The offer is around 68 percent above the three‑month average share price and is subject to a minimum acceptance threshold of 50 percent plus one share; completion is expected in Q4 2026. After the announcement Berentzen shares jumped more than 20 percent; the company was last worth about €35 million on the stock market. Berentzen had suffered from weaker demand: half‑year sales down 11 percent and EBIT significantly reduced, and the management views the transaction as an opportunity. » More on manager-magazin.de

Berentzen confirmed talks with U.S. whisky group Sazerac about a voluntary public takeover offer, after which the stock climbed more than 20 percent following the market open. Sazerac is seen as a major acquirer in the spirits sector and most recently bought Au Vodka. Berentzen is considered a small traditional company with annual sales of around €163 million and pursues growth under the "Berentzen Evolve 2030" strategy through functional drinks and international expansion. » More on faz.net