Gallo Finalizes Details On Four Roses Acquisition
(Credit: Kirin)
Wine giant Gallo announced today that it has finalized an agreement with Kirin Holdings, the Japanese brewing and pharmaceuticals corporation, to acquire Four Roses Bourbon. Four Roses, ten distinct bourbon recipes, expands Gallo’s global presence in the premium spirits category and increases the company’s footprint in Europe and Japan.
“This is an incredibly exciting chapter for Four Roses and a meaningful milestone in our 138-year history,” said Brent Elliott, Four Roses Master Distiller. “From the beginning, Gallo demonstrated deep respect and appreciation for the brand. As we join the Gallo family, we are energized by the alignment in values and the long-term vision they bring. With their support, we’re well positioned to build on our momentum while staying true to the quality and character that have guided us for generations.”
UBS Investment Bank acted as exclusive financial advisor to Kirin Holdings and GALLO was advised by Jefferies in connection with the transaction. Additional terms of the agreement were not disclosed.
