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In 2024, Marston's sold their 40% share in CMBC to Carlsberg for £206m in order to focus on running the pub business. [5] The deal to acquire Marston's 40% stake in CMBC was completed on 21 July 2024. [6] Carlsberg then bought the soft drinks company Britvic for £3.3bn, merging it into a single company called Carlsberg Britvic in January 2025 ...
Jennings Brewery in Cockermouth, Cumbria, was closed in November 2022 by then-owners Carlsberg Marston's Brewing Company (CMBC), which blamed economic pressures. The site has now been bought by a ...
Marston's plc is a British pub and hotel operator. Founded as a brewery by John Marston in 1834, [2] it is listed on the London Stock Exchange. In 2020, the company shifted its main focus away from its original brewing operations, entering it into a venture with Carlsberg Group's UK operations as Carlsberg Marston's Brewing Company (CMBC).
[7] Marston's brewing operations, including Wychwood Brewery, were merged with Carlsberg UK to form Carlsberg Marston’s Brewing Company in 2020. In September 2023 Carlsberg Marston’s Brewing Company announced its proposal to close Wychwood Brewery in November 2023 in order to "consolidate our brewing network" amid an "incredibly competitive ...
Carlsberg Marston’s Brewing Company drops eight cask ales and three kegged beers
It acquired U.K.-based Britvic, creating a new entity that subsumes Carlsberg Marston’s Brewing Company business. ... Its 2024 operating profit amounted to DKK 11.41 billion ($1.59 billion), up ...
On 8 July 2024, it was announced that the Danish Carlsberg Group would buy Britvic. Upon completion, Britvic will rebrand under the Carlsberg umbrella, with the brewery company becoming the biggest PepsiCo drink licenser in the world. The transaction was approved by the court on 15 January 2025, so allowing it to complete. [15]
CEOs have bought shares in their companies before—the practice is seen as a vote of confidence by investors.