E&J Gallo Winery has added another brand in a trending category to its portfolio with the acquisition LIQS. LIQS is an RTD brand founded in 2013 by Michael Glickman and Harley Bauer, who set out to premiumize the shot category with top-shelf spirits and real fruit juice. The founders built the brand with a focus in on-premise, including outdoor venues such as arenas and festivals.
"Consumers want to enjoy their favorite cocktails now more than ever," says Britt West, Vice President and General Manager for Gallo Spirits. "With premium ingredients and convenient formats, consumers can more easily enjoy their favorite bartender-quality shots and cocktails wherever, whenever they want with LIQS."
So you're thinking about making a deal for your brand and it's time to create a term sheet? In this video, Dhruv Luthra, the founder at Back Bar Spirits, explains everything you need to know about this type of document.
0 comments:
Post a Comment