M&A Deal Summary

Eastside Distilling Acquires Craft Canning + Bottling

On January 14, 2019, Eastside Distilling acquired packaging company Craft Canning + Bottling for 5M USD

Acquisition Highlights
  • This is Eastside Distilling’s 1st transaction in the Packaging sector.
  • This is Eastside Distilling’s largest (disclosed) transaction.
  • This is Eastside Distilling’s 3rd transaction in the United States.
  • This is Eastside Distilling’s 3rd transaction in Oregon.

M&A Deal Summary
Date 2019-01-14
Target Craft Canning + Bottling
Sector Packaging
Buyer(s) Eastside Distilling
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

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.

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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 3 of 4
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Oregon) 3 of 3
Country (United States) 3 of 4
Year (2019) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-01 Big Bottom Distilling

Hillsboro, Oregon, United States

Big Bottom Distilling is a Hillsboro, Oregon-based distiller of award winning and super premium gins, whiskeys, brandies, rum, and vodka. BBD was founded by Ted Pappas, a past president of the Oregon Distillers Guild. BBD will continue to operate as a distinct business entity and produce spirits in collaboration with Eastside's Master Distiller and EVP of Operations, Melissa "Mel" Heim.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-16 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.

Buy -
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