Middle West Spirits Acquires Old Elk Distillery

Alto Ingredients Acquires Eagle Alcohol Company

January 14, 2022

Manufacturing

Alto Ingredients, Inc. acquired Eagle Alcohol Company LLC, a St. Louis-based distributor of specialty alcohols, in a transaction announced January 2022. The deal (closed Jan. 14, 2022) was funded with cash on hand for a base purchase price of $14.0 million plus an estimated $1.3 million working capital adjustment and includes up to $14.0 million of contingent consideration; Alto said the acquisition is immediately accretive and expected to increase Adjusted EBITDA by $7–9 million annually.

Newport Craft Distilling Acquires KEEL Vodka

June 12, 2024

Food & Beverage

Newport Craft Distilling has acquired KEEL Vodka, bringing the premium light spirit into Newport Craft's portfolio alongside brands such as White Squall Vodka & Gin and Thomas Tew Rums. The deal will return KEEL production to Rhode Island, expand Newport Craft's vodka offerings, and support local manufacturing and job creation.

Sazerac Company Acquires Western Son Vodka and Distillery

October 1, 2025

Food & Beverage

Sazerac Company has acquired Western Son Vodka and Distillery, a Texas-based small-batch spirits maker. The acquisition adds the Western Son brand and production capacity to Sazerac’s global spirits portfolio, supporting portfolio and capability expansion.

Wilding Brands Acquires Great Divide Brewing Co.

April 3, 2025

Food & Beverage

Wilding Brands, a Lafayette, Colorado-based family of beverage brands, has acquired Great Divide Brewing Co., adding the heritage Denver brewery and its taprooms to Wilding’s growing portfolio. Wilding will operate Great Divide’s wholesale business and manage future taproom developments while shifting production to its Canworks facility in Denver.

ABC Fine Wine & Spirits Acquires Applejack Wine & Spirits

January 29, 2026

Retail

ABC Fine Wine & Spirits, a Florida-based family-owned retailer, has acquired Applejack Wine & Spirits, a Colorado-based wine and spirits retailer with three stores. The acquisition is ABC's first out-of-state move in its 90-year history and initiates the company's national expansion while preserving Applejack's brand and local operations.

Shlok Spirits Corp Acquires International Beverage Center, Inc. dba SPIRITED Wines

August 20, 2024

Retail

Shlok Spirits Corp., led by Vishil Patel, acquired International Beverage Center, Inc. dba SPIRITED Wines, a premium wine and spirits retailer in Lenox, Massachusetts. The transaction closed on August 20, 2024, with Generational Group advising the seller.