M&A Deal Summary |
|
|---|---|
| Date | 2023-09-14 |
| Target | Sagamore Spirit |
| Sector | Beverages |
| Buyer(s) | Illva Saronno Holding |
| Deal Type | Add-on Acquisition |
| Advisor(s) | J.P. Morgan Securities (Financial) Reed Smith (Legal) |
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Illva Saronno Holding is a multinational holding company with a diverse business portfolio of spirits present in over 160 countries. It is primarily known for Disaronno, "the world's favorite Italian liqueur", as well as for other great prestige products such as Tia Maria, Rabarbaro Zucca, Rump@blic, Artic Vodka, Isolabella Sambuca, and The Busker Irish Whiskey, produced at Royal Oak Distillery in Ireland. It produces and sells fine-quality wines such as Duca di Salaparuta, Corvo, and Florio. Illva Saronno Holding is based in Saronno, Italy.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Beverages M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Maryland M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
