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Sazerac Offers to Take Over German Schnapps Producer Berentzen-Gruppe

MT Newswires·09/21/2026 02:18:32
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02:18 AM EDT, 09/21/2026 (MT Newswires) -- Berentzen-Gruppe (BEZ.F) received a takeover proposal of 5.55 euros per share from US-based family-managed spirits company Sazerac. The voluntary public takeover offer is subject to the acceptance of shareholders representing at least 50% of all the German schnapps producer's shares, according to a Monday release. Upon completion, which is expected in the fourth quarter of 2026, Sazerac intends to delist Berentzen from the Frankfurt Stock Exchange.