California-based Trinchero Family Estates acquires Tres Agaves Tequila

California-based wine and spirits firm Trinchero Family Estates (TFE) has acquired Tres Agaves Products, a partner of TFE since 2012.

Tres Agaves Products’ portfolio includes Agave Tequilas and USDA Organic cocktail mixers.

Neither company divulged financial details of the deal.

Trinchero Family Estates president and CEO Bob Torkelson said: “Based on the tremendous growth in the Tequila category, we are excited about continuing our work on the brand, and we appreciate the support of founder Barry Augus and his team throughout the duration of our partnership.

“We’re proud of what we’ve built – Tres Agaves has grown 10x since we first started selling the brand eight years ago, and we know with the reputation and quality of this brand we can expect more success.”

With this acquisition, the company aims to expand its spirits portfolio, which also includes Hanson of Sonoma Organic Vodka, Amador Whiskey Co and Trincheri Vermouth.

Tres Agaves Products noted that all its tequilas will continue production in Amatitán, Tequila Valley of Mexico and the mixer production will remain consistent.

The Tres Agaves brand includes 100% de Agave Organic Blanco, Organic Reposado, Organic Anejo Tequilas, Organic Lime Margarita, Organic Strawberry Margarita, Organic Bloody Mary, Organic Agave Nectar Cocktail Mixers and 33 Proof, Organic Lime Margarita ready-to-drink (RTD) cocktails.

In April, Trinchero Family Estates forayed into hard seltzer category with the launch of Del Mar Wine Seltzer in the US market.

Available in four different flavours of black cherry, grapefruit, white peach and watermelon, the range is available across the nation from the Trinchero Family Estates wine & Spirits portfolio.