M&A Deal Summary

Newport Craft Distilling Acquires Keel Vodka

On June 12, 2024, Newport Craft Distilling acquired beverage company Keel Vodka

Acquisition Highlights
  • This is Newport Craft Distilling’s 1st transaction in the Beverages sector.
  • This is Newport Craft Distilling’s 1st transaction in the United States.
  • This is Newport Craft Distilling’s 1st transaction in Rhode Island.

M&A Deal Summary

Date 2024-06-12
Target Keel Vodka
Sector Beverages
Buyer(s) Newport Craft Distilling
Deal Type Add-on Acquisition

Target

Keel Vodka

Providence, Rhode Island, United States
Keel Vodka is a premium light spirit that offers unparalleled smoothness and drinkability. Keel Vodka was formed in 2011 and is based in Providence, Rhode Island.

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Buyer(S) 1

Buyer

Newport Craft Distilling

Newport, Rhode Island, United States

Category Company
Founded 1999
Sector Beverages
DESCRIPTION

Newport Craft Distilling is a beverage company that offers craft spirits made from Sea and Spirit. Newport Craft Distilling was formed in 1999 and is based in Newport, Rhode Island.


DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Rhode Island) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1