The Danish brewery Carlsberg is buying the British soft drinks manufacturer Britvic for the equivalent of 3.9 billion Euro. The Carlsberg Group plans to transform Britvic into an integrated beverage company called Carlsberg Britvic.

The takeover is intended to promote Carlsberg’s growth in Western Europe and achieve annual cost savings of the equivalent of a good 118 million Euro.

Read the full company announcement on www.carlsberggroup.com.