A Look into Strategics’ Evolving M&A Approach

Dear Client:Big company strategics have been pretty busy so far in 2019. In just the last week, Pernod Ricard acquired a majority share of Kentucky-based Rabbit Hole Whiskey through New Brand Ventures and Brown-Forman acquired Fords Gin. A panel at Bar Convent Brooklyn last week delved into the changing M&A landscape--looking at spirits in particular--and how strategics like Pernod's New Brand Ventures and Constellation Brands' Constellation Ventures approach investments. SETTING THE STAGE. RBC Capital analyst Nik Modi set the stage