US spirits maker Sazerac launches takeover bid for Germany’s Berentzen

Sept 21 (Reuters) – US spirits maker Sazerac on Monday launched a takeover offer for all shares of beverage firm Berentzen for €5.55 ($6.37) apiece, which is supported by Berentzen’s supervisory and executive boards.

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The German schnapps maker confirmed talks over a potential takeover by privately held Sazerac on Thursday. The Louisville, Kentucky-based company has been focused on buying young brands and underperforming labels from large conglomerates to expand beyond its domestic market.

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On Friday, Berentzen closed at €4.53 per share. The company is to be delisted following the acquisition, which Sazerac expects to close during the fourth quarter.

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($1 = 0.8715 euros)

(Reporting by Tristan Veyet in Gdansk, editing by Milla Nissi-Prussak)

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This story was originally published September 21, 2026 at 1:54 AM.