M&A Deal Summary

Brown-Forman Acquires Finlandia Vodka Worldwide

On November 22, 2004, Brown-Forman acquired beverage company Finlandia Vodka Worldwide

Acquisition Highlights
  • This is Brown-Forman’s 5th transaction in the Beverages sector.
  • This is Brown-Forman’s 1st transaction in Finland.

M&A Deal Summary

Date 2004-11-22
Target Finlandia Vodka Worldwide
Sector Beverages
Buyer(s) Brown-Forman
Deal Type Divestiture

Target

Finlandia Vodka Worldwide

Helsinki, Finland
Finlandia Vodka Worldwide Ltd. ,manufactures alcoholic beverages focusing on vodka.

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Buyer(S) 1

Buyer

Brown-Forman

Louisville, Kentucky, United States

Category Company
Founded 1870
Sector Beverages
Employees5,700
Revenue 4.2B USD (2024)
DESCRIPTION
Entrance to Brown-Form's corporate headquarters in Louisville, Kentucky.
Entrance to Brown-Form's corporate headquarters in Louisville, Kentucky.

Brown-Forman manufactures, bottles, imports, exports, and markets a wide variety of alcoholic beverage brands. Its portfolio of brands includes Jack Daniel’s, Antiguo Tequila, el Jimador Tequila, Herradura Tequila, Pepe Lopez Tequila, Woodford Reserve Bourbon, Canadian Mist Whisky, Chambord, Collingwood Canadian Whiskey, Early Times Bourbon and Whisky, Korbel Champagne, Old Forester Bourbon, and Sonoma-Cutrer Wines. Brown-Forman was incorporated in 1870 and is based in Louisville, Kentucky.


DEAL STATS #
Overall 5 of 12
Sector: Beverages M&A 5 of 12
Type: Divestiture M&A Deals 1 of 3
Country: Finland M&A 1 of 2
Year: 2004 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-01 Distillerie Tuoni e Canepa

Toscana, Italy

Distillerie Tuoni e Canepa is an Italian distillery. The Company was formed in 1938 and is based in Toscana, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-21 Lenox

Bristol, Pennsylvania, United States

Lenox is a provider of high-quality tabletop, giftware, and collectible products sold under the Lenox brand as well as the Dansk, Gorham, and Department 56 brand names. Lenox was founded in 1889 and is based in Bristol, Pennsylvania.

Sell $190M