Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Royal Unibrew acquires Cult for DKK 350m
June 29, 2018

Royal Unibrew A/S has today entered into an agreement to acquire 100% of Bev.Con ApS (Cult) including brands such as CULT Energy, SHAKER and MOKAÏ. The company has around 40 employees focusing on commercial activities; production and logistics are carried out by third parties. In 2017 Cult reported sales of DKK 200m with an EBIT of DKK 28m. The valuation of Bev.Con ApS has been based on the multiples applying to national beverage positions.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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