New data reveals drinks industry deals valued at over US$12bn this summer

Mergers and acquisitions in the drinks industry between July and September were valued at more than US$12 billion, according to new figures.

Research from analyst firm Global Data found that drinks brand sales were valued 328% higher in the three months to September 2019 than they were in the previous financial quarter.

The analyst said that the overall highest value acquisition came was Asahi Group’s purchase of Carlton & United Brewers for $11.3bn.

The proceeds from the deal are being used to pay off AB InBev’s debt.

It said the biggest spirits deal of the three-month period was Heaven Hill Brand’s acquisition of Black Velvet Distilling for $266 million. This was closely followed by Pernod Ricard’s acquisition of alcohol manufacturer and marketer Castle Brands for approximately $223 million.

GlobalData said that, despite the fact that 120 acquisitions were made in q3, the largest sales made up 95.7% of their overall value.

Pernod Ricard also bolstered its presence in the US by acquiring TX whiskey owner Firestone & Robertson Distilling Co earlier this year.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

We encourage debate in the comments section and always welcome feedback, but if you spot something you don't think is right, we ask that you leave an accurate email address so we can get back to you if we need to.

Subscribe to our newsletters

Fine Wine Sales Executive

Roberson Wine
London, UK

Account Manager - London Trade Sales

Bancroft Wines Ltd
London, UK

Brand Manager

Elixir Distillers
Park Royal, London UK

Marketing Assistant

Speciality Brands
Park Royal, London, UK

Key Account Manager

MMI Maldives

Financial Controller

London City Bond
Barking, UK

Duty Manager

The Whisky Exchange
Great Portland Street, London

Spirits Advisor

The Whisky Exchange
London, UK

International Sales Manager

Elixir Distillers
Park Royal, London, UK

Millésime Bio 2020

27th Jan 2020

Maisons Marques et Domaines Annual Tasting

London,United Kingdom
29th Jan 2020

Austrian Wine Tasting

London,United Kingdom
3rd Feb 2020
Click to view more