Premium Mix Maker Pevertree has obtained an agreement with the American drink giant Molson Coors, which will witness that the latter gets a 8.5 percent stake in the British company for 71 million pounds, or 654.2 pixels per share.
This step, which is supported by the exclusive licensing agreement, aims to enhance the sales, distribution, distribution and distribution of the fingerprint in the United States.
The stocks at Fevertree, who was only 134 points in 2014, jumped by 20.2 percent on Thursday to close them in 791 pixels – although this is still much higher than the record number of 39.56 pounds in September 2018. Sell returns will be returned The new share to the shareholder bath through the re -purchase program.
Molson Coors, the name located in Chicago behind Carling and Doom Bar, expanded his non -alcoholic wallet in response to the decline in beer sales, as US beer shipments last year reached its lowest level since the 1990s. “This is a useful step towards becoming a total beverage company,” said Javin Hatrasley, CEO of Molson Coors, highlighting the opportunity to diversify into distinguished mixers.
The founder of Phevertree and CEO Tim Warlo described the deal as a “transformative step”, adding that it reflects the increasing demand for high -quality mixers across multiple drinks in the United States, and is now the largest market for Fevertree by revenue.
Under the agreement, the Molson Coors will benefit from the wide American sales and distribution network, as well as the operational range, to amplify the presence of Fevertree. The new partnership is expected to improve the critical conversion of the mixer maker in the United States, which reduces the needs of working capital.
Some analysts, such as Fintan Ryan in GoodBody, believe that giving up direct operational control can prove to be a strategic comparison. However, Matthew Web from Investec and Anubhav Malhotra in Panmure Liberum indicates that the deal does not open only fresh capital returns for fever shareholders but also provides Molson Coors as a long -term brand possible.
Meanwhile, PEPERTREE has informed a 1 % modest increase in the entire year group revenues to 367.9 million pounds, and pointed to a possible decrease to the growth of low revenues from two numbers in 2025, where its American operations are transferred to Molson Coors.
This tie follows the prominent cooperation in the industry, including the purchase of the last 4.2 billion dollars from Carlsberg, the British beverage maker behind Robinsons and J2O, where beer groups and drinks groups continue to expand to alternative markets and soft lines.