M&As this week: Constellation Brands, E. & J. Gallo Winery, Royal Cup
Constellation Brands has acquired Funky Buddha Brewery to expand its high-end beer segment.
Based in the US, Funky Buddha Brewery is a beer producer.
E. & J. Gallo Winery has acquired Germain-Robin, a Californian brandy brand.
International Wine Associates provided financial advice to Germain-Robin on the acquisition.
The purchase consideration has not been disclosed.
Royal Cup has reached an agreement to acquire Richgood Gourmet, which manufactures cold-brew brand Icebox coffee.
Based in the US, Royal Cook imports, roasts, and distributes speciality coffees and teas.
Icebox Coffee is available in ready-to-drink (RTD) and concentrate forms.