USA: Brown-Forman to continue acquisition search despite end to KJ sale

By Chris Brook-Carter | 25 May 2001

Brown-Forman, the US wine and spirits producer that was believed to be one of the companies involved in the ill-fated Kendal-Jackson bidding, said yesterday that it would continue to look at acquisitions. David Dearie, managing director of Brown-Forman Wines International, told just-drinks.com that, "as a company we [Brown-Forman] want to be at the forefront with an eye on consolidation and brand growth internally. Do we need to acquire or invest in current brands, I think you will see a bit of both."

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Brown-Forman, the US wine and spirits producer that was believed to be one of the companies involved in the ill-fated Kendal-Jackson bidding, said yesterday that it would continue to look at acquisitions. David Dearie, managing director of Brown-Forman Wines International, told just-drinks.com that, "as a company we [Brown-Forman] want to be at the forefront with an eye on consolidation and brand growth internally. Do we need to acquire or invest in current brands, I think you will see a bit of both."

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