14 Dec 2020
EUR 56.10 million
NIB and the Danish beverage provider Royal Unibrew A/S have signed a loan agreement of DKK 500 million (EUR 67 million) to finance the company’s acquisitions completed in 2018.
The seven-year loan finances the acquisition of Terme di Crodo (Italy) and Etablissements Geyer Fréres (France). These acquisitions are a strategic fit for Royal Unibrew’s current business, and they strengthen the company’s market position in selected European markets.
Terme di Crodo’s LemonSoda is the leader in the Italian soft drink segment, and Etablissements Geyer Fréres offers locally produced craft lemonade that represent a new, premium product segment for Royal Unibrew’s portfolio.
The acquisitions give Royal Unibrew access to new markets and new market categories, and create synergies for production, product distribution and commercial activities.
The company’s main markets are Denmark, Finland, Italy and Germany as well as Latvia, Lithuania and Estonia. Further, RU is active in established markets in the Americas and in a number of emerging markets.
NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.
For further information, please contact
Mr Vagn Lundhøj, Senior Manager, Origination, at +358 10 618 0370, firstname.lastname@example.org
Ms Lisa-Maria Altenberger, Communications Unit, at +358 10 618 0234, email@example.com