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New Deal


Announced

Pernod Ricard to acquire Código 1530 Tequila.

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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Distillers and Vintners

United States

Private

tequila producer

Pending

Cross Border

Friendly

Single Bidder

Majority

Acquisition

liquor

Synopsis

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Pernod Ricard, the world’s second-largest wine and spirits seller, agreed to acquire Código 1530 Tequila, a premium spirits brand. Financial terms were not disclosed. "Código’s range of exquisite tequilas reinforces our offer of Ultra Premium+ agave products in the US, where the category is enjoying a very strong momentum. It is a privilege to partner with Ron Snyder, Federico Vaughan and George Strait with whom we share a common vision for Código 1530 and common ambition to strongly accelerate and strengthen the success of the brand," Alexandre Ricard, Pernod Ricard Chairman and CEO.

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