Divestiture • Beverages

Royal Unibrew Acquires Aqua d’Or

On November 16, 2021, Royal Unibrew acquired beverage company Aqua d’Or from Danone

Acquisition Context
  • This is Royal Unibrew’s 2nd transaction in the Beverages sector.
  • This is Royal Unibrew’s 1st transaction in Denmark.

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M&A Deal Summary

Date November 16, 2021
Target Aqua d’Or
Sector Beverages
Buyer(s) Royal Unibrew
Sellers(s) Danone
Deal Type Divestiture

Target Company

Aqua d’Or

Brande,, Denmark
Aqua d'or engages in the production and sale of still bottled water segment with a market share of 50% in value in Denmark. Aqua d'or was formed in 1988 and is based in Brande, Denmark.
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Buyer Overview 1

Buyer

Royal Unibrew

Faxe, Denmark

Category Company
Founded 1989
Sector Beverages
Employees4,365
Revenue 15.0B DKK (2024)
DESCRIPTION

Royal Unibrew is a producer and marketer of beer, malt, and soft drinks. Royal Unibrew A/S was founded in 1989 and is based in Faxe, Denmark.


Deal Context for Buyer #
Overall 3 of 3
Sector: Beverages 2 of 2
Type: Divestiture 1 of 1
Country: Denmark 1 of 1
Year: 2021 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-02 Solera Beverage Group

Oslo, Norway

Solera Beverage Group is an importer and distributor of wine and other beverages across the Nordic countries. Solera operates through several established importer brands and targets continued growth in the Nordic beverage market. Solera Beverage Group was founded in 2002 and is based in Oslo, Norway.

Buy -

Seller Profile 1

SELLER

Danone

Paris, France

Category Company
Founded 1899
Sector Food
Employees89,528
Revenue 27.4B EUR (2024)
DESCRIPTION

Danone is a food & beverage company built on four businesses: Essential Dairy and Plant-Based Products, Waters, Early Life Nutrition, and Medical Nutrition. Danone was founded in 1899 and is based in Paris, France.


Deal Context for Seller #
Overall 13 of 14
Sector: Beverages 6 of 6
Type: Divestiture 13 of 14
Country: Denmark 1 of 1
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-11 Earthbound Farm

San Juan Bautista, California, United States

Earthbound Farm LLC is the largest producer of organic salads in the U.S. Earthbound Farm got its humble start more than 30 years ago, not many people were growing produce organically. It was often seen as inferior quality and relegated to hole-in-the-wall health food stores. And “salad” was iceberg lettuce.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-02 Horizon Organic

Broomfield, Colorado, United States

Horizon Organic is a brand of certified organic foods in the United States and a brand of certified organic milk in both the United States and the United Kingdom. Horizon Organic was founded in 1991 and is based in Broomfield, Colorado.

Sell -

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