Royal Unibrew to Buy Soft Drinks Maker Vrumona From Heineken for EUR300 Million
03 7월 2023 - 4:45PM
Dow Jones News
By Dominic Chopping
Denmark's Royal Unibrew said Monday it has agreed to buy soft
drinks maker Vrumona from Heineken for 300 million euros ($327.4
million).
Netherlands-based Vrumona produces a range of own brands like
Royal Club, Sisi, Sourcy, Sourcy Vitamin Water as well as partner
brands like 7 Up, Pepsi and Rivella, with the majority of its
product portfolio within the no/low sugar and calories segment.
The company operates seven production lines at its facility with
a current annual output of around 3.1 million hectolitres, and
Royal Unibrew said it plans to invest in further production
capabilities while using spare capacity to support its global
production footprint.
"Vrumona will become a new growth platform for Royal Unibrew in
continental Europe and is expected to drive organic earnings growth
in the coming years," said Royal Unibrew Chief Executive Lars
Jensen.
Vrumona posted net revenue of EUR200 million in 2022 with
normalized earnings before interest, tax, depreciation and
amortisation of EUR25 million.
Royal Unibrew said the acquisition is expected to be accretive
to earnings per share in 2024.
The deal is expected to close in September or October this year,
subject to regulatory approval.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
July 03, 2023 03:30 ET (07:30 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Heineken (EU:HEIA)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024
Heineken (EU:HEIA)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024
