E. & J. Gallo Winery to acquire Four Roses Distillery from Kirin Holdings for $775m.

E. & J. Gallo Winery, an American wine producer and distributor, agreed to acquire Four Roses Distillery, a bourbon producer, from Kirin Holdings, a Japanese conglomerate, for $775m. This transaction will allow Kirin to reallocate its resources toward businesses that could further grow by leveraging Kirin’s own organizational capabilities, thereby further growth in enterprise value.