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New Deal


Announced

Completed

GBH-backed SPIRIBAM completed the acquisition of Joseph Cartron.

Financials

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

Tags

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Friendly

France

Majority

Distillers and Vintners

Acquisition

liqueurs

Private

Domestic

Completed

Single Bidder

Private Equity

Synopsis

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GBH-backed SPIRIBAM, a distributor of fine Caribbean rums from Martinique and Saint Lucia, completed the acquisition of Joseph Cartron, an operator of a liqueur distillery. Financial terms were not disclosed. "We have patiently waited for the correct opportunity to diversify outside of rum. The union with a French company that shares so many of the same time-honored traditions, valued passions, and being a recognized expert of their craft make the synergies with our rum distilleries too good to pass up. We are ready for this new challenge," Benjamin Jones, SPIRIBAM Director of North America.

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