Acquisitions

Sazerac Co. has launched a takeover bid for Berentzen-Gruppe, a German distiller, and Barentzen's CEO says the bid for all of Berentzen's shares at Euro 5.55 (about $6.37) each is "an outstanding opportunity," "very attractive" and recommended shareholders accept

Gravitas Wine Marketing & Sales, a California fine-wine sales, marketing and distribution company, said it acquired Rising Star Wine Group, a California wholesale wine broker and distributor serving the state’s wine trade since 2003. The acquisition expands Gravitas’ statewide reach, adds veteran sales representatives and brings the company’

Kelsey Itameri, founder, owner and winemaker at Ita Wines, acquired Devona. Terms weren't disclosed. Devona is the third winery that John and Molly Abbott have founded. The other two are Abeja and Canoe Ridge Vineyard, both in Washington State. The John Abbott will stay on at Devona as

Berentzen said it is the latest target in an acquisition drive by Sazerac. Sazerac declined to comment. Berentzen says it is one of the oldest spirits producers in Germany and its schnapps brand leads the market in fruity spirits. First-half profit fell 84%, a result, the company said, of

Sazerac, one of the leading and fastest-growing spirits companies in the world, said it completed its acquisition of Au Vodka, a UK-based vodka and ready-to-drink (RTD) brand. The deal was first announced as a binding agreement and has now closed following customary completion conditions. Terms of

Veritas Legacy Partners said it closed on the acquisition of Veritas Vineyard & Winery, one of Virginia’s premier wine and vino-tourism destinations. The closing follows the transaction agreement announced earlier this year and marks a seamless transition into the winery’s next era of growth and stewardship. VLP