Latest Brown-Forman tequila deal

Brown-Forman tequila deal
Submitted by     January 02, 2007    
14062   0   0   0   0

Comments (0)

Brown-Forman tequila deal to close next month

Brown-Forman Corp. has announced that its purchase of tequila producer Grupo Industrial Herradura will close Jan. 11 rather than at the end of this month, as was expected.

The closing date has been delayed because of a high quantity of work and the seasonal holidays, the Louisville-based beverage company said in a news release.

- Click here for the full article -

Brown-Forman to buy tequila company for $876M

Brown-Forman Corp. has agreed to buy tequila producer Grupo Industrial Herradura, commonly known as Casa Herradura, for $876 million.

Guadalajara, Mexico-based Casa Herradura has about 1,100 employees and is the third-largest tequila manufacturer behind Cuervo and Sauza. The company was founded in 1870 by Don Felinciano Romo and still is privately held by the Romo family.

- Click here for the full article - 

User comments

There are no user comments for this listing.

Already have an account? or Create an account