#premium-spirit

Gallo Finalizes Acquisition of Four Roses Bourbon From Kirin Holdings

Megawatt wine, beer, and spirits producer E&J Gallo Winery announced today that it completed its acquisition of Four Roses Bourbon from Japan beverage conglomerate Kirin Holdings. Neither party disclosed the terms of the transaction. The completion comes roughly two months after Gallo agreed to acquire the premium bourbon brand for up to $775 million dollars. Kirin began shopping Four Roses around for $1 billion in October. UBS Investment Bank and Jefferies advised Kirin and Gallo, respectively, to finalize the sale. The article Gallo Finalizes Acquisition of Four Roses Bourbon From Kirin Holdings appeared first on VinePair .