M&A
confidence high
sentiment positive
materiality 0.75
Brown-Forman agrees to purchase Gin Mare and Gin Mare Capri gin brands
BROWN FORMAN CORP
- Acquires Gin Mare and Gin Mare Capri from Destilerías MG and Vantguard; no financial terms disclosed.
- Gin Mare is the world's No. 1 ultra-premium gin, sold in more than 70 countries.
- Production will continue at MG Destilerías in Vilanova i la Geltrú, Spain.
- Transaction expected to close within 60 business days, subject to customary conditions.
- Gin Mare Capri, introduced in 2021, features Italian bergamot and lemons.