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.
- On October 23, 2026, Sazerac published the offer document.
- SAZERAC makes 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 is 50% plus one share.
- The offer period ends on Novemvber 20, 2026, 24:00, Frankfurt am Main local time.
- The Executive Board and the Supervisory Board of Berentzen-Gruppe Aktiengesellschaft expressly support the planned takeover.
- The Executive Board and the Supervisory Board have published their joint reasoned statement on November 3, 2026.
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.

