M&A Deal Summary

Eastside Distilling Acquires Azuñia Tequila

On September 16, 2019, Eastside Distilling acquired beverage company Azuñia Tequila from Intersect Beverage

Acquisition Highlights
  • This is Eastside Distilling’s 3rd transaction in the Beverages sector.
  • This is Eastside Distilling’s 4th transaction in the United States.
  • This is Eastside Distilling’s 1st transaction in California.

M&A Deal Summary
Date 2019-09-16
Target Azuñia Tequila
Sector Beverages
Buyer(s) Eastside Distilling
Sellers(s) Intersect Beverage
Deal Type Divestiture

Target

Azuñia Tequila

Glendora, California, United States
Azuñia Tequila offers four premium tequila products; Blanco Organic Tequila, Reposado Organic Tequila, Añejo Tequila, and Azuñia Black Tequila. Primarily sold into on-premise locations throughout the western and southeastern United States.

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Buyer(S) 1

Buyer

Eastside Distilling

Portland, Oregon, United States
Category Company
Founded 2008
Sector Beverages
Employees16
Revenue 1.7B USD (2015)
DESCRIPTION

Eastside Distilling, Inc. is a producer of high-quality, master crafted spirits. The company is unique in the marketplace and distinguished by its highly decorated product lineup that includes Barrel Hitch American Whiskies, Burnside Bourbon, Below Deck Rums, Portland Potato Vodka, and a distinctive line of infused whiskeys. All Eastside spirits are master crafted from natural ingredients for unparalleled quality and taste.

DEAL STATS #
Overall 4 of 4
Sector (Beverages) 3 of 3
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 4 of 4
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-14 Craft Canning + Bottling

Portland, Oregon, United States

Craft Canning + Bottling is a provider of packaging solutions to alcoholic beverage producers in Oregon, Washington and the Front Range of Colorado. Craft Canning + Bottling was founded in 2012 and is based in Portland, Oregon.

Buy $5M

Seller(S) 1

SELLER

Intersect Beverage

Glendora, California, United States
Category Company
Sector Beverages
DESCRIPTION

Intersect Beverage LLC is a premium importer of tequilas focused on delivering the highest quality brands and products to clients from the spirits industry.

DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

Product

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