Carlsberg completes Britvic acquisition

Carlsberg UK Holdings Limited has completed the acquisition of the leading international soft drinks business Britvic to create a single integrated beverage company in the UK.

By Spiritz Desk
New Update
Carlsberg completes Britvic acquisition

Carlsberg UK Holdings Limited has completed the acquisition of the leading international soft drinks business Britvic to create a single integrated beverage company in the UK. The combined business will be called Carlsberg Britvic.

The transaction brings together an experienced and capable management team from both businesses that will drive attractive growth for the combined business. With this acquisition, Carlsberg is also strengthening its existing relationship with PepsiCo, becoming its largest bottling partner in Europe.

Paul Davies, former CEO of Carlsberg Marston Brewing Company, has been appointed the CEO of the newly formed Carlsberg Britvic in the United Kingdom. In his role, he is supported by the new Carlsberg Britvic Executive team, including Chief Financial Officer Tom Smethers, Chief Marketing Officer Munnawar Chishty, among others. Meanwhile, Pedro Magalhães and Kevin Donnelly have retained their role as Managing Director of Britvic Brazil and MD of Britvic Ireland, respectively.