ABG Sundal Collier acted as exclusive financial advisor to Royal Unibrew in connection with its acquisition of Solera Beverage Group for a total consideration of around NOK 1.1 billion (DKK 770 million)

Royal Unibrew, listed on Nasdaq Copenhagen with a market capitalisation of DKK +39 billion, has announced the acquisition of Solera Beverage Group, one of the leading importers and distributors of wine and other beverages across the Nordic countries for a total consideration of around NOK 1.1 billion (DKK 770 million).
Solera Beverage Group, headquartered in Norway, is a leading importer and distributor of wine, spirits, beer, and other alcoholic and non-alcoholic beverages with presence in Norway, Sweden, and Finland. Solera Beverage Group is the largest independent importer of beverages in the Nordic monopolised markets with long-standing relationships with the state-owned retail monopolies as well as with the leading players within on-trade, travel retail, and grocery channels.
Solera Beverage Group has a leading Nordic market position, has around 150 employees, generated around DKK 1.3 billion in normalised net revenue (excluding COVID-19 effects) and around DKK 70 million in normalised EBITDA in 2020.
The acquisition will add Norway and Sweden to Royal Unibrew’s geographical footprint and enable Royal Unibrew to further strengthen its market position as one of the largest brewery groups in the Northern European region with the addition of a broad brand portfolio and well-established distribution channels to the state-owned retail monopolies.
CEO of Royal Unibrew, Lars Jensen comments, “I am very pleased to announce that we have entered into an agreement to acquire Solera Group and we look forward to welcoming our new colleagues to Royal Unibrew. Solera Group has built a strong business in distributing primarily wine and spirits in Norway, Finland and Sweden, and it will provide us with a solid Nordic platform from which we can develop the Nordic market into a true multi-beverage market for Royal Unibrew. The complimentary strategic fit between Solera Group and Royal Unibrew ensures a strong foundation for future profitable growth”.