Category Archives: Acquisitions

South Korean Retailer Buys Shafer Vineyards for $250.3 Million

Posted on February 16, 2022 by Joel Whitaker

The buyer, Shinsegae Property, has its own wine shop brand and is looking to add premium wine to their shelves.  “We plan to further expand the group’s wine business by creating synergy with its Shinsegae L&B that is in charge … Continue reading →

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Heaven Hill Acquires Samson & Surrey

Posted on February 1, 2022 by Joel Whitaker

Heaven Hill Brands, America’s largest independent, family-owned-and-operated distilled spirits supplier, acquired Samson & Surrey, including its portfolio of brands and facilities. The acquisition of Samson & Surrey further extends Heaven Hill’s portfolio with six high-growth, super-premium brands in several of … Continue reading →

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Mast-Jägermeister Takes Stake in Dwayne Johnson’s Teremana Tequila

Posted on February 1, 2022 by Joel Whitaker

Originally introduced in March 2020, just as the Covid pandemic was getting under way in the U.S., the brand sold 640,000 cases last year in the U.S., Canada and Mexico.  The brand attributes its success to premium quality and superior … Continue reading →

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EARI Plans to Buy Railway City Brewing

Posted on February 1, 2022 by Joel Whitaker

Entertainment Arts Research Inc. signed a letter of intent to buy Railway City Brewing Co. , a craft brewery located in St. Thomas, Ont., Canada.  The move follows EARI’s acquisition of Bell City Brewing Co., Brantford, Ont., in January.  “These … Continue reading →

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Lange Estate Acquires Elkhorn Ridge Vineyard

Posted on January 26, 2022 by Joel Whitaker

Lange Estate Winery & Vineyards said it acquired Elkhorn Ridge Vineyards, a 65  acre property near Monmouth in the foothills of the Oregon Coast Range. The Lange family will change the name to Lucky River Vineyards, a nod to the … Continue reading →

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Vintage Wine Acquires Ohio’s Meier’s Wine Cellars

Posted on January 19, 2022 by Joel Whitaker

Vintage Wine Estates, Inc. acquired Meier’s Wine Cellars, Inc., DBA Meier’s Beverage Group, (“Meier’s”) located in Silverton, Ohio, north of Cincinnati. The purchase was valued at approximately eight times Meier’s 2021 adjusted EBITDA. With about $18 million in revenue in … Continue reading →

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