E. & J. Gallo Winery Acquires Bev
June 1, 2023
E. & J. Gallo Winery has acquired Bev, the woman-founded canned-wine and spritzer brand founded by Alix Peabody in Venice, California. The deal expands Gallo's portfolio into Bev's premium zero-sugar canned wines and aims to broaden the brand's consumer reach and distribution; terms were not disclosed and Peabody will remain involved with the brand.
- Buyers
- E. & J. Gallo Winery
- Targets
- Bev
- Industry
- Food & Beverage
- Location
- California, United States
- Transaction Type
- Buyout
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