Announced
Financials
Tags
Majority
Germany
spirits
Brewers
Acquisition
Private
Cross Border
Pending
Friendly
Single Bidder
Private Equity
Synopsis
CVC Capital-backed Stock Spirits, an alcohol beverage company, agreed to acquire Borco-Marken-Import Matthiesen, a producer and marketer of spirit. Financial terms were not disclosed. “Borco has been a trusted and respected player in Germany and Austria for many years. The acquisition of Borco will be important step in our Western Europe expansion. Borco will benefit from better development opportunities including access to Stock’s extended spirits portfolio. Stock Spirits will gain access to the German market, one of the largest and most dynamic spirits market throughout Europe," Jean-Christophe Coutures, Stock Spirits CEO.
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