Molson Coors Beverage Company Acquires Blue Run Spirits

Bardstown Bourbon Company Acquires Green River Spirits Company

June 30, 2022

Food & Beverage

Bardstown Bourbon Company has entered into an agreement to acquire Green River Spirits Company, combining two Kentucky bourbon producers. The acquisition adds the historic Green River Distilling Co. in Owensboro and a production facility in Charleston, South Carolina, expanding Bardstown's custom distillation capacity and branded bourbon portfolio.

Molson Coors Acquires Majority Stake in ZOA Energy

November 8, 2024

Food & Beverage

Molson Coors Beverage Company has acquired a 51% stake in ZOA Energy, the energy drink brand co-founded by Dwayne “The Rock” Johnson and partners; terms were not disclosed. Molson Coors — which previously partnered with ZOA on distribution and invested in September 2023 — will lead the brand’s marketing, retail and direct-to-consumer sales to scale the business and expand its non-alcohol portfolio.

Gopuff Acquires Liquor Barn from Blue Equity

June 21, 2021

Retail

Gopuff has acquired Liquor Barn, a Kentucky-based chain of 23 beer, wine and liquor stores, from private equity firm Blue Equity. The deal gives Gopuff physical retail footprint and inventory infrastructure across Kentucky to accelerate its instant-delivery expansion and deepen its presence in Louisville, Lexington and other markets in the state.

Bourdon Spirits Acquires Copper & Kings from Constellation Brands

August 5, 2025

Food & Beverage

Bourdon Spirits Company, a family-owned spirits company based in Louisville, has acquired Copper & Kings American Brandy Company from Constellation Brands. The acquisition preserves production at Copper & Kings' Louisville distillery and positions Bourdon to expand the brand's visitor experience and national distribution while maintaining its creative identity.

Corby (Pernod Ricard) Acquires 90% Stake in Ace Beverage Group

June 13, 2023

Food & Beverage

Corby Spirit and Wine, the Canadian affiliate of Pernod Ricard, will acquire a 90% stake in Ace Beverage Group for an enterprise value of CAD 165 million, with call options to buy the remaining shares in 2025 and 2028. The deal gives Corby a stronger position in the fast-growing Canadian ready-to-drink (RTD) category and will leverage Corby's distribution network to scale ABG's Cottage Springs, Ace Hill and other brands across Canada.

Gryphon Investors Acquires Majority Stake in Spindrift Beverage Co.

January 14, 2025

Food & Beverage

Gryphon Investors will acquire a majority stake in Spindrift Beverage Co., a Newton, Massachusetts-based maker of sparkling water and other fruit-based beverages, with founder Bill Creelman and the management team retaining a significant equity stake. The investment coincides with the appointment of Dave Burwick as CEO and is intended to provide financial and operational resources to accelerate the brand's growth; the deal is expected to close in Q1 2025 (terms not disclosed).