Sazerac Just Confirmed a Major Kentucky Distillery Deal. Its Next Step Could Be Even Bigger
The bourbon giant’s latest acquisition adds distilling capacity during an industry slowdown and comes as the company continues its $15 billion pursuit of Jack Daniel’s owner Brown-Forman.
The bourbon giant’s latest acquisition adds distilling capacity during an industry slowdown and comes as the company continues its $15 billion pursuit of Jack Daniel’s owner Brown-Forman.
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Why it matters
This is a routine corporate acquisition in the consumer goods sector with limited direct impact on credit markets or financial professionals' core activities.
Sources
Inc.
Sazerac Just Confirmed a Major Kentucky Distillery Deal. Its Next Step Could Be Even Bigger
The bourbon giant’s latest acquisition adds distilling capacity during an industry slowdown and comes as the company continues its $15 billion pursuit of Jack Daniel’s owner Brown-Forman.