Takeover Offer

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.

Documents

complete list of all currently published documents