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New Deal


Announced

Sazerac to acquire Lough Gill Distillery from Hazelwood Demesne.

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

Pending

Private

Ireland

Distillers and Vintners

Acquisition

Single Bidder

distillery

Cross Border

Majority

Synopsis

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Sazerac, a manufacturer and distributor of alcoholic beverages, agreed to acquire Lough Gill Distillery, an operator of the distillery, from Hazelwood Demesne. Financial terms were not disclosed. “With its rich history of distilling and storytelling, Ireland is an ideal homeplace for our whiskey business to flourish. In particular, the history of the Lough Gill Distillery, dating back to the 18th century, will be an integral keystone in the restoration and storytelling of this site. We look forward to preserving the history, delighting our future visitors by the stories we share, and further expanding the growth opportunities for Paddy, Michael Collins and Athrú Whiskeys," Mark Brown, Sazerac President and CEO.

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