Announced
Completed
Financials
Tags
Distillers and Vintners
whisky
Private
Canada
Acquisition
Single Bidder
Completed
Friendly
Majority
Synopsis
Heaven Hill Brands, the largest independent, family-owned and operated distilled spirits supplier based in the US, completed the acquisition of Black Velvet Canadian Whisky, the second-largest selling Canadian whisky in the world, from Constellation Brands. Financial terms were not disclosed. “Today we are proud to officially welcome this iconic brand and others into Heaven Hill’s historic portfolio. The Heaven Hill family is proud to continue the culture of Black Velvet and nurture the unique heritage of this great Canadian Whisky that has built a solid foundation for growth," Max L. Shapira, Heaven Hill Brands President.
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