Vintage Wine Estates Acquires Meier's Beverage Group
January 18, 2022
Vintage Wine Estates, a publicly traded wine company based in Santa Rosa, California, acquired Meier's Wine Cellars, DBA Meier's Beverage Group, a beverage production and contract-bottling facility in Silverton, Ohio. The acquisition (priced at roughly eight times 2021 adjusted EBITDA) adds production capacity — including three bottling lines and a canning line — and strengthens VWE's RTD and Midwest distribution capabilities.
- Buyers
- Vintage Wine Estates, Inc.
- Targets
- Meier's Wine Cellars, Inc. (DBA Meier's Beverage Group)
- Industry
- Food & Beverage
- Location
- Ohio, United States
- Transaction Type
- Buyout
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