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E. & J. Gallo Winery Acquires Bev, A Woman-Founded Beverage Brand Known For Breaking Down Barriers And Building People Up

PRIVATEJun 01, 2023

Acquiring Company

GALLO

Acquired Company

Bev

ModestoAustraliaFood and BeverageFood And BeverageHospitalityWine And SpiritsFood And BeverageHospitality

Description

E. & J. Gallo Winery (Gallo) announced today that it acquired Bev and its portfolio of premium canned wines and spritzers. The acquisition comes two years after Gallo obtained exclusive U.S. distribution rights for Bev and began to bring the popular brand to more consumers across the country.

Quick answer

GALLO is acquiring Bev, announced June 1, 2023. GALLO is based in Modesto, California, United States.

How much did GALLO pay for Bev?
The deal value was not disclosed.
What does GALLO do?
Founded in 1933 by brothers Ernest and Julio Gallo, GALLO is a family-owned company and global leader in wine, spirits, malt beverages, and ready-to-drink offerings.
Where are GALLO and Bev based?
GALLO is based in Modesto, California, United States. Bev is based in Australia.
Who are the decision-makers at GALLO?
Fundz holds 2 contacts at GALLO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

GALLO

Location

Modesto, California, United States

About

Founded in 1933 by brothers Ernest and Julio Gallo, GALLO is a family-owned company and global leader in wine, spirits, malt beverages, and ready-to-drink offerings. With a purpose of serving joy in moments that matter, GALLO is deeply committed to sustainability and delivering the highest quality products for every occasion.

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Frequently asked

Who acquired Bev?

Bev was acquired by GALLO, based in Modesto. The deal was reported on June 1, 2023. Founded in 1933 by brothers Ernest and Julio Gallo, GALLO is a family-owned company and global leader in wine, spirits, malt beverages, and ready-to-drink offerings. GALLO is privately held and operates in Food and Beverage.

When did GALLO acquire Bev?

GALLO's acquisition of Bev was reported on June 1, 2023. E. & J. Gallo Winery (Gallo) announced today that it acquired Bev and its portfolio of premium canned wines and spritzers. The acquisition comes two years after Gallo obtained exclusive U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Bev do?

Alix Peabody – Founder & CEO of Bev – took one look at the alcohol beverage industry & realized there was very little out there that spoke to & about women in a positive, authentic way. It is privately held, operating in Food And Beverage, and is based in Australia.

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