Diamond Estates Wines & Spirits Inc. successfully completes acquisition of Perigon Beverage Group
Acquiring Company
Diamond Estates Wines & Spirits
Acquired Company
Perigon Beverage Group
Niagara-On-The-LakeEtobicokeFood and BeverageManufacturingFood and BeverageDescription
Diamond Estates Wines & Spirits Inc. has closed its acquisition of certain assets from the Perigon Beverage Group, including the agency and supplier contracts, intellectual property, and other intangible assets. The purchase price of $1.799 million is based on Perigon's latest financial results, and will be satisfied by the issuance of common shares of Diamond in four tranches over an eighteen-month period following the closing.
Quick answer
Diamond Estates Wines & Spirits is acquiring Perigon Beverage Group, announced October 9, 2024. Diamond Estates Wines & Spirits is based in Niagara-On-The-Lake, Ontario, Canada.
- How much did Diamond Estates Wines & Spirits pay for Perigon Beverage Group?
- The deal value was not disclosed.
- What does Diamond Estates Wines & Spirits do?
- Diamond Estates Wines and Spirits Inc. is a producer of high-quality wines and ciders as well as a sales agent for over 120 beverage alcohol brands across Canada.
- Where are Diamond Estates Wines & Spirits and Perigon Beverage Group based?
- Diamond Estates Wines & Spirits is based in Niagara-On-The-Lake, Ontario, Canada. Perigon Beverage Group is based in Etobicoke, Ontario, Canada.
- Who are the decision-makers at Diamond Estates Wines & Spirits?
- Fundz holds 1 contact at Diamond Estates Wines & Spirits. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Diamond Estates Wines & Spirits, and when
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Frequently asked
Who acquired Perigon Beverage Group?
Perigon Beverage Group was acquired by Diamond Estates Wines & Spirits, based in Niagara-On-The-Lake. The deal was reported on October 9, 2024. Diamond Estates Wines and Spirits Inc. is a producer of high-quality wines and ciders as well as a sales agent for over 120 beverage alcohol brands across Canada. Diamond Estates Wines & Spirits is privately held and operates in Food and Beverage.
When did Diamond Estates Wines & Spirits acquire Perigon Beverage Group?
Diamond Estates Wines & Spirits's acquisition of Perigon Beverage Group was reported on October 9, 2024. Diamond Estates Wines & Spirits Inc. has closed its acquisition of certain assets from the Perigon Beverage Group, including the agency and supplier contracts, intellectual property, and other intangible assets. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Perigon Beverage Group do?
Perigon Beverage Group is passionate about creating a winning portfolio of wine, spirits, beer, cider and non-alcoholic brands. We thrive on learning and continually improving, and we pride ourselves on our professionalism. It is privately held, operating in Manufacturing, and is based in Etobicoke.
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