Acquisitions

It began as a simple text from one friend to another: "Why can't you get alcohol delivered?" Soon thereafter, in 2012, Drizly was founded and nine years later – in 2021 – had grown to be the largest online marketplace for alcohol in North America. It was purchased

Campari Group said it agreed to acquire Courvoisier from Beam Suntory for $1.2 billion with an expected additional $120 million to be paid in 2029, depending upon the brand's performance. The transaction sees the enterprise value of Courvoisier at $1.32 billion, about 17 times CAAP for

Flaviar, a New York company spedcializing in spirits subscription clubs, has purchased Wine-Searcher for an undisclosed sum. Earlier, Flaviar cnapped up in spirits subscription clubs, has purchased Wine-Searcher for an undisclosed sum. ‘This is a classic case where the sum is greater than the parts,’ said Flaviar CEO Jugoslav Petkovic,