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New Deal


Announced

Diageo to acquire Tipplesworth.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Friendly

Acquisition

Single Bidder

Majority

Pending

United Kingdom

alcoholic beverages

distilled spirits

Distillers and Vintners

brewers

Synopsis

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Diageo, a British brewer, and supplier of alcoholic bevarages is set to acquire Tipplesworth, a producer of pre-bottled cocktails. Financial terms were not disclosed. "The acquisition of Tipplesworth brings another great innovation into our portfolio. The increasing popularity of cocktails in Great Britain is one of the trends driving spirits growth and this acquisition means we can now bring great quality ‘on tap’ cocktails to consumers in the on-trade across the country,” Melissa Wisdom, Diageo Commercial Director.

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