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M&A in 2022

by | Dec 20, 2022 | Firm News, Uncategorized

Industry News Update: According to @Wine&SpiritsDaily, M&A deals in 2022 slightly surpassed last year with a reported 70 deals across supplier, distributor and retailer tiers. Tequila and American whiskey had the most activity, with some of the biggest deals including:

  • Mast-Jagermeister invested in Teremana Tequila.
  • Heaven Hill Brands acquired Samson & Surrey.
  • Diageo acquired infused tequila brand 21 Seeds.
  • Diageo acquired Australian cold brew liqueur Mr. Black.
  • Brown-Forman acquired Gin Mare brands from Vantguard and MG Destilerias.
  • Campari acquired a minority stake in brand incubator Catalyst Spirits.
  • Diageo acquired Texas-based Balcones Distilling.

We are looking forward to seeing the trends of 2023.

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The foregoing was prepared as general information. It is not meant to provide legal advice granting any specific matter and should not be acted upon without professional counsel. If you have questions or require additional information regarding these or other related matters, please contact Malkin Law, P.A. This material may be considered attorney advertising under certain rules of professional conduct.

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