Berentzen-Gruppe AG signs business combination agreement with Sazerac and supports voluntary public takeover offer to all shareholders at a price of EUR 5.55 per share

Berentzen-Gruppe Aktiengesellschaft / DE0005201602

EQS-Ad-hoc: Berentzen-Gruppe Aktiengesellschaft / Key word(s): Mergers and Acquisitions / Takeover Offer


21-Sep-2026 / 07:29 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

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Disclosure of an inside information acc. to Article 17 of Regulation (EU) No. 596/2014 Haselünne, September 21, 2026 Berentzen-Gruppe Aktiengesellschaft signs business combination agreement with Sazerac and supports voluntary public takeover offer to all shareholders at a price of EUR 5.55 per share Berentzen-Gruppe Aktiengesellschaft, which is listed on the Regulated Market (General Standard) of the Frankfurt Stock Exchange (ISIN: DE0005201602), (“BGAG” or the “Company”) has entered into a business combination agreement with Sazerac Company, Inc. („Sazerac“), as well as with Blitz 26-877 GmbH (in future: Sazerac Germany Holding GmbH) (the “Bidder”), a direct subsidiary of Sazerac. The Bidder intends, as set out in the business combination agreement, to submit a voluntary public takeover offer in the form of a cash offer pursuant to Section 29(1) of the German Securities Acquisition and Takeover Act (WpÜG) for all shares of BGAG to all shareholders of the Company. Sazerac is a family-managed spirits company, founded 1850 in New Orleans and headquartered today in Louisville, Kentucky, United States of America. According to company information, Sazerac generated net sales of more than 6 billion U.S. dollars in the 2025 calendar year. The offer price is EUR 5.55 in cash per share of the Company. 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 offer is subject to a minimum acceptance threshold of 50% of all shares of BGAG plus one share. Completion is expected in Q4 2026, subject to standard market conditions. 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. The primary objective of the transaction is to generate strategic advantages through the merger, particularly with regard to the synergies and growth opportunities resulting from the combination of the expertise and geographic presence of Sazerac and BGAG. The Company’s Executive Board and Supervisory Board, both of whom have agreed to the conclusion of the business combination agreement, believe that the proposed transaction is in the best interests of the Company, its shareholders, its employees, and other stakeholders. They support the offer and, subject to a review of the offer document to be published by the Bidder, intend to recommend that shareholders accept the offer in their joint reasoned statement pursuant to Section 27 of the German Securities Acquisition and Takeover Act (WpÜG). The offer document will be prepared by the Bidder and submitted to the Federal Financial Supervisory Authority (“Bafin”) for review. Following approval by Bafin, the offer document will be published and made available at www.sazerac-offer.com. The Executive Board and the Supervisory Board will issue their joint reasoned statement immediately after the publication of the offer document. The Company will keep the capital market and the public informed of further developments.   Information regarding the issuer of this announcement Berentzen-Gruppe Aktiengesellschaft, headquartered in Haselünne, Germany, is a listed company in the beverage industry with the business segments Spirits, Non-Alcoholic Beverages and Fresh Juice Systems. ISIN: DE0005201602 WKN: 520160 Stock exchange symbol: BEZ Listings: Regulated market (General Standard) in Frankfurt, XETRA  Open Market in Berlin, Düsseldorf, Hamburg, Hanover, Munich, Stuttgart   Berentzen-Gruppe Aktiengesellschaft Ritterstr. 7 49740 Haselünne Telefon: [phone] E-Mail: [e-mail] Internet: www.berentzen-gruppe.de   Contact Thorsten Schmitt Director Corporate Communications & Strategy Phone: [phone] Mobile: [phone] E-mail: [e-mail]  

End of Inside Information

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21-Sep-2026 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
View original content: EQS News

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Language:	English
Company:	Berentzen-Gruppe Aktiengesellschaft
	Ritterstraße 7
	49740 Haselünne
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.berentzen-gruppe.de
ISIN:	DE0005201602
WKN:	520160
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Munich, Stuttgart
LEI Code:	529900M158OU8D7KIY26
EQS News ID:	2401906

End of Announcement	EQS News Service

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2401906  21-Sep-2026 CET/CEST