FundComb
Estimated Preliminary Control (100%) Closed Transaction verified BeverageCoffeeConsumerCPGFood & Beverage

Britvic plc acquired by Carlsberg Group

Carlsberg Group acquired Britvic plc, an United Kingdom, Ireland, Brazil & France beverage brand, on Jan 16, 2025.

Preliminary: The transaction value is not yet independently verified.

Transaction summary

Target
Britvic plc
Acquirer
Carlsberg Group
Announced
2024-07-08
Type
Acquisition
Deal type
Control
Stake acquired
100%
First added
2026-10-31
Latest update
2026-10-31

Value and multiples

100% enterprise value

GBP 4.1B

Unverified

100% enterprise value | GBP

Basis: Estimated

Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.

Approx. $5.3B USD using FX date 2024-07-08 at 1.2836 GBP/USD.

EV / revenue

2.34x

Period: varies by source

Basis: Public source

EV / EBITDA

13.5x

EBITDA: normalised / adjusted

Basis: Public source

Basis

  • Approximate value: £4.1bn enterprise value. Multiples use revenue of £1.75bn (2023) and EBITDA of £303m (LTM to 31 Mar 2024).

Source summary

Carlsberg Agrees To Acquire Britvic

Estimated

for an enterprise value of about 4.1 billion pounds to be paid in cash.

Open source

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