Acquiring Company
Independent Stave Company
Acquired Company
Brown-Forman Corporation
TexasLouisvilleManufacturingManufacturingFood and BeverageFood And BeverageDescription
Independent Stave Company acquired the Alabama Cooperage from Brown-Forman in 2024, continuing to produce barrels for Jack Daniel's. After two years of operations, the facility will cease production, affecting 71 jobs. The closure is part of Independent Stave's realignment with market demands.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Brown-Forman Corporation?
Brown-Forman Corporation was acquired by Independent Stave Company, based in Texas. The deal was reported on September 17, 2026. Independent Stave Company is a leading manufacturer of wooden barrels. They supply barrels for various spirits, wines, and beers. The company emphasizes quality and modern production practices. Independent Stave Company is privately held and operates in Manufacturing.
When did Independent Stave Company acquire Brown-Forman Corporation?
Independent Stave Company's acquisition of Brown-Forman Corporation was reported on September 17, 2026. Independent Stave Company acquired the Alabama Cooperage from Brown-Forman in 2024, continuing to produce barrels for Jack Daniel's. After two years of operations, the facility will cease production, affecting 71 jobs. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Brown-Forman Corporation do?
Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands for more than 150 years. It is publicly traded (BF-B), operating in Manufacturing, and is based in Louisville.
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