Bacardi completed the acquisition of ILEGAL Mezcal.

Transaction 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.

Sources