CVC completed the acquisition of Stock Spirits for $1bn.

CVC Capital Partners completed the acquisition of Stock Spirits, a London-listed vodka maker, for $1bn. “The directors of Stock Spirits are confident in the long-term prospects of the Stock Spirits Group and believe that the offer reflects our strong position and represents compelling value for Stock Spirits shareholders. We believe that CVC’s support for our existing strategy and the investment that it intends to make in order to grow our business means that this offer will benefit all of Stock Spirits’ stakeholders. We are therefore unanimously recommending the offer to Stock Spirits shareholders," David Maloney, Stock Spirits Chairman.