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New Deal


Announced

British Honey to acquire Union Distillers for £8m.

Financials

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Transaction Value£8m
Consideration TypeContingent Deferred Consideration, Cash
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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Acquisition

United Kingdom

spirits

Pending

Single Bidder

Private

Friendly

Distillers and Vintners

Domestic

Majority

Synopsis

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British Honey, an English spirits producer, agreed to acquire Union Distillers, a spirit producer, for £8m. “This is a transformational deal for British Honey. Overnight, the company substantially enhances its position as a key player in the craft spirit market, adding critical mass, established premium spirits brands, additional infrastructure and an innovative senior management team, all of which will significantly enhance the enlarged group’s growth trajectory," Michael Williams, British Honey CEO.

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