M&A Deal Summary

Sazerac Company Inc Acquires Constellation Value Spirits Brands

On March 25, 2009, Sazerac Company Inc acquired beverage company Constellation Value Spirits Brands from Constellation Brands for 334M USD

Acquisition Highlights
  • This is Sazerac Company Inc’s 1st transaction in the Beverages sector.
  • This is Sazerac Company Inc’s largest (disclosed) transaction.
  • This is Sazerac Company Inc’s 2nd transaction in the United States.
  • This is Sazerac Company Inc’s 2nd transaction in New York.

M&A Deal Summary

Date 2009-03-25
Target Constellation Value Spirits Brands
Sector Beverages
Buyer(s) Sazerac Company Inc
Sellers(s) Constellation Brands
Deal Type Divestiture
Deal Value 334M USD

Target

Constellation Value Spirits Brands

Fairport,, New York, United States
Constellation Brands Inc., Value Spirits Brand comprises spirits and other alcoholic beverages.

Search 200,500 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Sazerac Company Inc

Metairie,, Louisiana, United States

Category Company
Founded 1869
Sector Beverages
DESCRIPTION

Sazerac Company, Inc (dba John Handy Co.) operates as a distillery and wine company.


DEAL STATS #
Overall 2 of 8
Sector (Beverages) 1 of 7
Type (Divestiture) 1 of 5
State (New York) 2 of 3
Country (United States) 2 of 6
Year (2009) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-29 Sidney Frank Importing

New Rochelle, New York, United States

Sidney Frank Importing Co., Inc. is a distributor of beverages. SFIC currently distributes : Jägermeister Herbal Liqueur; Casamigos Tequila; Gekkeikan Sake; American Harvest; MONKEY 47; Sortilège Liqueu; Bärenjäger Honey Liqueur; Bärenjäger Honey & Bourbon; Bärenjäger Honey & Tea; Bärenjäger Honey & Pear; Hudson's Bay Scotch.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-03 Sidney Frank Importing

New Rochelle, New York, United States

Sidney Frank Importing Co., Inc. is a distributor of beverages. SFIC currently distributes : Jägermeister Herbal Liqueur; Casamigos Tequila; Gekkeikan Sake; American Harvest; MONKEY 47; Sortilège Liqueu; Bärenjäger Honey Liqueur; Bärenjäger Honey & Bourbon; Bärenjäger Honey & Tea; Bärenjäger Honey & Pear; Hudson's Bay Scotch.

Sell -

Seller(S) 1

SELLER

Constellation Brands

Victor, New York, United States

Category Company
Founded 1945
Sector Beverages
Employees10,000
Revenue 10.0B USD (2024)
DESCRIPTION

Constellation Brands is an international beverage alcohol company with many products recognized as leaders in their respective categories and geographic markets. The Company is the third-largest producer and marketer of beer for the U.S. market and the world’s leading premium wine company with a leading market position in the U.S. and Canada. Constellatino's wine portfolio is complemented by select premium spirits brands and other select beverage alcohol products. Constellatino is also the largest multi-category supplier (beer, wine and spirits) of beverage alcohol in the U.S. Contellation's customers include wholesale distributors, retailers, on-premise locations and government alcohol beverage control agencies. Constellation Brands was incorporated in 1945 and is based in Victor, New York.


DEAL STATS #
Overall 2 of 11
Sector (Beverages) 2 of 11
Type (Divestiture) 2 of 11
State (New York) 1 of 4
Country (United States) 2 of 7
Year (2009) 1 of 1
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-10 Constellation U.S. Wine Assets

United States

Constellation U.S. Wine Assets includes brands of Geyser Peak, Buena Vista, Gary Farrell, Atlas Peak and XYZ.

Sell $209M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Gaymer Cider

United Kingdom

Gaymer Cider Company Limited provides beverage services in UK.

Sell $70M