M&A Deal Summary

Treasury Wine Estates Acquires Diageo - Wine Business

On October 14, 2014, Treasury Wine Estates acquired beverage company Diageo - Wine Business from Diageo for 600M USD

Acquisition Highlights
  • This is Treasury Wine Estates’ 1st transaction in the Beverages sector.
  • This is Treasury Wine Estates’ largest (disclosed) transaction.
  • This is Treasury Wine Estates’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2014-10-14
Target Diageo - Wine Business
Sector Beverages
Buyer(s) Treasury Wine Estates
Sellers(s) Diageo
Deal Type Divestiture
Deal Value 600M USD

Target

Diageo - Wine Business

London, United Kingdom
Diageo's wine business consists of well-known brands Beaulieu Vineyards, Sterling Vineyards, Acacia, Provenance and Hewitt, amongst other assets in the US and Blossom Hill wine brand in the UK.

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Buyer(S) 1

Buyer

Treasury Wine Estates

Melbourne, Australia
Category Company
Founded 1843
Sector Beverages
Employees2,600
Revenue 2.7B AUD (2024)
DESCRIPTION

Treasury Wine Estates is a wine company. The company produces wine brands that include Beringer Vineyards, Lindeman’s, Penfolds, Rosemount Estate and Wolf Blass. Treasury Wine was spun-off of Foster's Group in 2011. Treasury Wine Estates was founded in 1843 and is based in Melbourne, Australia.

DEAL STATS #
Overall 1 of 1
Sector (Beverages) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Diageo

London, United Kingdom
Category Company
Founded 1886
Sector Beverages
Employees30,092
Revenue 20.3B GBP (2024)
DESCRIPTION

Diageo is a global producer of beverages. The Company offers a collection of beverage alcohol brands across spirits, beer and wine. Diageo was founded in 1886 and is based in London, United Kingdom.

DEAL STATS #
Overall 3 of 4
Sector (Beverages) 1 of 2
Type (Divestiture) 3 of 4
Country (United Kingdom) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-27 Peligroso Spirits Company

San Clemente, California, United States

Peligroso Spirits Co. LLC is a producer of ultra-premium tequila.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-27 Tequila Don Julio SA de CV

Atotonilco El Alto, Mexico

Tequila Don Julio SA de CV produces tequila.

Buy -
Mergr

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