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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
Employees2,500
Revenue 2.9B AUD (2025)
DESCRIPTION

Treasury Wine Estates is a wine company that produces wine brands that include Beringer Vineyards, Lindeman’s, Penfolds, Rosemount Estate, and Wolf Blass. Treasury Wine Estates was founded in 1843 and is based in Melbourne, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Beverages M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2014 M&A 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, England.

DEAL STATS #
Overall 3 of 4
Sector: Beverages M&A 1 of 2
Type: Divestiture M&A Deals 3 of 4
Country: United Kingdom M&A 1 of 1
Year: 2014 M&A 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 -
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