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Viewsroom

Booze-free beverages are no small beer

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 11 July 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

Carlsberg’s $4 bln deal to buy soft-drinks maker Britvic is just the latest foray by a big brewer into serving the alcohol-averse. In this Viewsroom podcast, Breakingviews columnists discuss whether it’s a seismic tobacco-like shift or a frothy attempt to fizz up profit margins. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt-out of targeted advertising.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

The views expressed on this podcast are those of the participants, not of Roiders' News.

0:07.8

Danish borough of Carlsberg is setting down its pint and picking up a bottle of juice,

0:11.7

for the princely sum of 3.3 billion pounds. It's one of a string of forays by booze purveyors

0:17.1

into the world of low or no-al alcohol beverages, as demand rises among younger,

0:21.4

health-conscious drinkers. Whether this is the start of a major shift to rival the turmoil in the

0:26.3

tobacco industry, or an overly frothy gambit with an eye on profit margins, is the topic of

0:31.8

this week's viewsroom. Welcome back to the views room. I'm Jonathan Guilford. This week, I'm joined by Breaking

0:39.2

View's Associate Editor Amy Donnellan and Europe editor George Hay, who have been digging into

0:44.2

efforts by Carlsberg and its rivals to move into the low alcoholic drink space. So stay tuned

0:49.8

for the Views, the weekly podcast from Reuters Breaking Views, where I chat with fellow columnists

0:54.0

about the big stories of the week.

0:55.7

And please, rate us or leave us a review on whatever podcast platform you find us.

1:00.5

I'm coming to you from New York City.

1:06.5

So, Amy, George, welcome back to the views room.

1:14.0

Thanks, Jonathan.

1:15.0

Hi, Matt.

1:15.8

So we've just seen Danish beer brewer, Carlsberg, conclude a lengthy and somewhat expensive takeover battle for fruit juices, of all things.

1:24.3

Amy, you've been well into this.

1:27.4

Why is a lager maker so keen on getting into OJ?

1:31.9

Yeah, so you might look at this deal. So this is basically Carlsberg buying Britwick, which is a

1:37.2

British sort of soft drink maker is the best way to describe it. So for our British listeners,

1:43.5

a lot of the brands that you probably

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