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New Deal


Announced

Suntory to acquire a 10% stake in Edrington.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Distillers and Vintners

Minority

spirits production

Friendly

Acquisition

Single Bidder

Private

Pending

Synopsis

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Suntory Beverage & Food, a Japanese brewing and distilling company group, agreed to acquire a 10% stake in Edrington, a privately owned international spirits company. Financial terms were not disclosed. "Edrington has a successful long-standing strategic partnership with Suntory. We share a similar ethos and the same passion for craftsmanship, innovation and quality in our brands. We look forward to cementing and building this deep relationship over the coming years," Scott McCroskie, Edrington CEO.

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