M&A Deal Summary

MGP Acquires Queen City Whiskey - George Remus

On November 7, 2016, MGP acquired beverage company Queen City Whiskey - George Remus from Queen City Whiskey

Acquisition Highlights
  • This is MGP’s 1st transaction in the Beverages sector.
  • This is MGP’s 1st transaction in the United States.
  • This is MGP’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2016-11-07
Target Queen City Whiskey - George Remus
Sector Beverages
Buyer(s) MGP
Sellers(s) Queen City Whiskey
Deal Type Divestiture

Target

Queen City Whiskey - George Remus

Connecticut, United States
Queen City Whiskey LLC - George Remus is a whiskey brand.

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Buyer(S) 1

Buyer

MGP

Atchison, Kansas, United States

Category Company
Founded 1941
Sector Beverages
Employees705
Revenue 837M USD (2023)
DESCRIPTION

MGP is a producer of value-added, grain-based starches, proteins and food-grade alcohol products for the branded packaged goods industry. MGP was founded in 1941 and is based in Atchison, Kansas.


DEAL STATS #
Overall 1 of 4
Sector (Beverages) 1 of 4
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 4
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-11 MGP’s Bioplastics Division

Onaga, Kansas, United States

MGP’s Bioplastics Division engages in manufacturing of bio-based and compostable bioplastic materials. MGP’s Bioplastics Division includes a manufacturing facility in Onaga, Kansas and certain assets at the company’s research and development facility in Atchison.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-03 Green Hat Gin

Washington, District of Columbia, United States

New Columbia Distillers LLC is a producer and marketer of Green Hat Gin and operates a distillery with retail tasting room, bar and gin garden. Green Hat Gin was established in 2011 and is based in Washington, District of Columbia.

Buy -

Seller(S) 1

SELLER

Queen City Whiskey

Connecticut, United States

Category Company
Sector Beverages
DESCRIPTION

Queen City Whiskey LLC is a provider of whiskeys in US.


DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1