Acquisitions
Uber Closes Drizly 3 Years After $1.1 B Buy
Lafite Buys Fevre
Asahi Acquires Octopi Brewing, to Begin Making Beer in U.S.
Campari Group to Acquire Courvoisier from Beam Suntory in $1.2 Billion Deal
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 Purchases Wine-Searcher
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
Winebow Imports Expands Italian Offerings
Winebow Imports welcomes Pecchenino, a family-run winery in Piedmont, and Podere Forte, a Demeter-certified biodynamic estate in Tuscany's Val d'Orcia, to the Heritage Division of Winebow Imports, effective Jan. 1, 2024.
"We are delighted to have these esteemed wineries join our Italian portfolio,