M&A in 2022

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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