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Announced

Completed

Mast-Jaegermeister completed the acquisition of a stake in Siete Bucks Spirits.

Financials

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

Tags

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alcoholic beverages

Private

United States

spirits-based drinks

Cross Border

Friendly

Completed

Minority

Acquisition

Single Bidder

Distillers and Vintners

Synopsis

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Mast-Jaegermeister, a Germany based producer of spirits, completed the acquisition of a stake in Siete Bucks Spirits, an United States based provider of spirits and alcoholic beverages. Financial terms were not disclosed. "It is an exhilarating opportunity for our company to add such a strong, dynamic brand to our portfolio. Teremana is an excellent addition to the Jägermeister brand family, and we look forward to leveraging our marketing prowess in the global spirits industry to expand the brand in the US and bring Teremana to key markets worldwide," Michael Volke, Mast-Jägermeister CEO.

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