Announced
Completed
Financials
Tags
mezcal brand
Distillers and Vintners
Cross Border
Majority
Friendly
Guatemala
Acquisition
Private
Completed
Single Bidder
Synopsis
Bacardi, a spirits company, completed the acquisition of ILEGAL Mezcal, a mezcal leading super premium craftsmanship. Financial terms were not disclosed. “We believe ILEGAL has the pedigree to own and lead the super premium mezcal category globally. ILEGAL perfectly complements our portfolio and its integration into our business places the brand on an even stronger growth trajectory as mezcal captivates more and more consumers,” Barry Kabalkin, Bacardi Vice President.
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