A Roundup of All the Mergers & Acquisitions in 2021 So Far
Mergers and acquisitions in the beverage alcohol category were steady in the first half of 2021, but represented a slowdown compared to the same period last year. There were 16 deals made in H1 2021 compared to 26 in H1 2020. The vast majority of the deals fell in the supplier segment of the industry. There were 8 deals that involved spirits brands, 4 that involved wine brands and only one notable acquisition in the beer space.
New to the Park Street M&A roundup this year were some notable deals in the e-commerce space. Uber acquired Drizly for $1.1 billion, Southern Glazer’s Wine & Spirits took a stake in ReserveBar, and GoPuff acquired BevMo. In the article below, Park Street provides a complete list of the most notable beverage alcohol M&A deals year to date.
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