Here you will find all the key information regarding the planned acquisition of the shares of Berentzen-Gruppe Aktiengesellschaft
by SAZERAC COMPANY, INC.
- On September 21, 2026, Berentzen-Gruppe Aktiengesellschaft signed a business combination agreement with Sazerac.
- Sazerac is one of the world’s largest spirits companies, based in the USA.
- SAZERAC plans to make an offer of 5.55 euros per share to all shareholders.
This corresponds to a premium of approximately 68% on BGAG’s unaffected three-month volume-weighted average share price in XETRA prior to September 16, 2026.
- The minimum acceptance threshold will be 50% plus one share.
- The Executive Board and the Supervisory Board of Berentzen-Gruppe Aktiengesellschaft expressly support the planned takeover.
- The offering document is currently being prepared by the bidder and will then be submitted to the Federal Financial Supervisory Authority (BaFin) for approval.
- The Executive Board and the Supervisory Board will issue their joint reasoned statement immediately following the publication of the offer document. The statement will be published here.
Following successful completion of the takeover offer, the Bidder intends to pursue a delisting of BGAG. Subject to its fiduciary duty, the Executive Board intends to support such delisting.
- Further information can be found in the documents below and on the website of the bidder www.sazerac-offer.com
- This website is updated on an ongoing basis.

