The 10 most important M&A deals in drinks in 2023
M&A slowed in 2023 but there were still deals that caught the eye and here Just Drinks presents the key transactions of the year.
22 December 2023
22 December 2023
M&A slowed in 2023 but there were still deals that caught the eye and here Just Drinks presents the key transactions of the year.
The move marks Maspex’s second deal in the spirits segment, having acquired Żubrówka in 2022.
Hill Beverage Co. was co-founded by CEO Jake Hill and Snoop Dogg in 2023.
The loan was provided via Growth Beverage’s lending arm Algoma Capital and does not give it an equity share in the US brand.
Hallgarten & Novum managing director Andrew Bewes and CFO Howard Falk, will continue to manage the company following the ownership transition.
The LeBron James-backed brand is hoping to up production to 150,000 9L cases a year in 2024.
In announcing the Courvoisier acquisition, Campari’s CEO said Christmas had “come early” for his company. Richard Woodard thinks it’s Courvoisier that should be doing the celebrating.
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