Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Marston's and Carlsberg merger given CMA clearance

09 October 2020 by
Marston's and Carlsberg merger given CMA clearance

The Competition and Markets Authority (CMA) has cleared the proposed merger of Marston's with Carlsberg.

The two companies will merge to create the Carlsberg Marston's Brewing Company in a deal that values Marston's at £580m and Carlsberg UK at £200m.

After investigating the deal, the CMA said that while the joint venture will mean the business will distribute each other's beer more frequently, other brewers would continue to have sufficient alternative wholesalers to deal with.

The two companies have predicted the merger will produce cost savings of £24m in its first three years.

In a statement Marston's said: "We are pleased to report that the CMA has cleared the proposed joint venture, and the antitrust condition to completion has now been satisfied."

The transaction will complete at the end of October.

Photo: Shutterstock

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking