M&A Deal Summary

Heaven Hill Distilleries Acquires TJ Carolan & Son

On July 24, 2017, Heaven Hill Distilleries acquired beverage company TJ Carolan & Son from Campari Group

Acquisition Highlights
  • This is Heaven Hill Distilleries’ 3rd transaction in the Beverages sector.
  • This is Heaven Hill Distilleries’ 1st transaction in Ireland.

M&A Deal Summary

Date 2017-07-24
Target TJ Carolan & Son
Sector Beverages
Buyer(s) Heaven Hill Distilleries
Sellers(s) Campari Group
Deal Type Divestiture

Target

TJ Carolan & Son

Dublin, Ireland
TJ Carolan & Son Ltd. is an alcoholic beverage manufacturer that specializes in the distribution of spirits and whiskeys blended with cream and honey. TJ Carolan & Son Ltd. was established in 1978 and is headquartered in Dublin, Ireland.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Heaven Hill Distilleries

Bardstown, Kentucky, United States

Category Company
Founded 1934
Sector Beverages
DESCRIPTION

Heaven Hill Distilleries, Inc. produces & distributes distilled spirits.


DEAL STATS #
Overall 3 of 3
Sector: Beverages M&A 3 of 3
Type: Divestiture M&A Deals 2 of 2
Country: Ireland M&A 1 of 1
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-24 The Irish Mist Whiskey Company Ireland

Sesto San Giovanni, Italy

The Irish Mist Whiskey Company Ireland is an alcoholic beverage manufacturer that engages in the packaging and distribution of honey flavored whiskeys. The Irish Mist Whiskey Company Ireland was established in 1947 and is headquartered in Sesto San Giovanni, Italy.

Buy -

Seller(S) 1

SELLER

Campari Group

Sesto San Giovanni, Italy

Category Company
Founded 1860
Sector Beverages
Employees4,749
Revenue 3.1B EUR (2024)
DESCRIPTION

Campari Group is a premium spirits group with a portfolio of over 50 brands, spanning spirits, the core business, wines, and soft drinks. Campari Group was founded in 1860 and is based in Sesto San Giovanni, Italy.


DEAL STATS #
Overall 2 of 2
Sector: Beverages M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Ireland M&A 1 of 1
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-24 The Irish Mist Whiskey Company Ireland

Sesto San Giovanni, Italy

The Irish Mist Whiskey Company Ireland is an alcoholic beverage manufacturer that engages in the packaging and distribution of honey flavored whiskeys. The Irish Mist Whiskey Company Ireland was established in 1947 and is headquartered in Sesto San Giovanni, Italy.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-10 Picon

France

Picon is a traditional, market-leading French bittersweet aperitif with a unique orange flavour. Made from a base of herbs and fresh oranges which are dried, it is currently available in two versions: Amer Picon Club, an orange-based liqueur with a bittersweet flavour to be mixed with wine and cocktails, and Amer Picon Bière, to be mixed with beer. Picon was formed in 1837 and is based in France.

Buy €119M