Brindiamo Group Exclusively Advises Amber Beverage Group

Amber Makes Significant Equity Investment

NASHVILLE, Tenn., Oct. 19, 2016 /PRNewswire-iReach/ -- Brindiamo Group advises Amber Beverage Group, a subsidiary of Stolichnaya vodka producer SPI Group, with the acquisition of a "significant equity stake" in Fabrica de Tequilas Finos.

Amber Beverage Group – the largest alcohol manufacturer and distributor in the Baltics – said the deal will allow it to expand distribution in the US and South and Central America. Fabricade Tequilas Finos, which possesses its own production facility in Jalisco, Mexico, has a portfolio consisting of more than 20 brands, including KAH, Don Camilo, Agave 99, Zapopan and Tonala. It was established as a family-owned business in 2000.

"Jeff Hopmayer and the team at Brindiamo Group were essential in assisting us in this transaction, they have a deep understanding of the market, great industry contacts and full understanding of what it takes to get a transaction completed," said Seymour Ferreira, CEO of Amber Beverage Group.

"We possess over a century of experience in production and distribution of brands such as Moskovskaya Vodka, Riga Black Balsam bitters and many more," said Seymour. "[Amber Beverage Group] has a strong and fast growing international business covering over 50 export markets operated from Riga, Latvia. 

SPI Group created Amber Beverage Group in 2014, bringing SC Latvijas Balzams, SPI Distribution Latvia, SPI Distribution Estonia, Bennet Distributors in Lithuania, beverage retailer Latvijas Balzams in Latvia and Bravo Alco in Lithuania under one umbrella company. The firm employs 1,400 people across Latvia, Lithuania and Estonia who bottle, market, distribute, export and retail around 500 spirits and wines to 160 global markets.

The transaction is between the two privately-held companies no details will be disclosed. Brindiamo Group acted as the exclusive advisor on the transaction.

Brindiamo Group is a consultancy firm dedicated exclusively to the global wine and spirits industry with offices in the USA and in Europe. www.brindiamogroup.com

Media Contact: Jeff Hopmayer, Brindiamo Group, 615-668-7696, jeff@brindiamogroup.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Brindiamo Group



2016

Categories

Money, Health & Living


Tags

Beers, Wines and Spirits, Non-Alcoholic Beverages, Acquisitions, Mergers and Takeovers



Need Help