---
schema_version: "secwatch.filing_event.v1"
accession: "0000014693-22-000133"
form_type: "8-K"
ticker: "BF-A"
cik: "0000014693"
company_name: "BROWN FORMAN CORP"
filed_at: "2022-10-12T23:59:59+00:00"
generated_at: "2026-06-23T04:03:34.684730+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Brown-Forman to buy Diplomático Rum brand for $725M, adding super-premium rum portfolio

## Summary
- Purchase price $725M, plus up to $50M for post-closing costs held in escrow.
- Acquires Diplomático, Botucal brands, and Panama production facility; 100+ employees join.
- Brand is #1 super- and ultra-premium rum globally; top markets: France, Germany, U.S.
- Closing expected within 90 days, subject to antitrust and customary conditions.
- DUG affiliates to supply rum under 10-year agreement post-close.

## SEC filing metadata
- accession: 0000014693-22-000133
- form_type: 8-K
- ticker: BF-A
- cik: 0000014693
- company_name: BROWN FORMAN CORP
- filed_at: 2022-10-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14693/000001469322000133/0000014693-22-000133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14693/000001469322000133/bfb-20221006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000014693-22-000133
- JSON: https://secwatch.observer/filing/0000014693-22-000133.json
- Plain text: https://secwatch.observer/filing/0000014693-22-000133.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.