.
MergerLinks Header Logo

Announced

CC One Virgin Islands to acquire the US Virgin Islands unit of Southern Glazer’s Wine & Spirits.

Financials

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

Tags

Edit

Private

Majority

Virgin Islands (U.S.)

alcoholic beverages

Distillers and Vintners

Pending

Friendly

Acquisition

Single Bidder

Synopsis

Edit

CC One Virgin Islands, a member of CC1 Companies, agreed to acquire the US Virgin Islands unit of Southern Glazer’s Wine & Spirits, the largest wine and spirits distributor in the United States. Financial terms were not disclosed. "We are pleased to be the new owners of Southern Glazer’s Wine and Spirits of the Caribbean, LLC. We continue to grow our portfolio of sparkling and still brands, and the acquisition of Southern Glazer’s Caribbean operation solidifies our strategy to become a total beverage company," Carlos Diaz, CC1 Companies Vice President of International Operations.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US