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Entertainment Arts Research Inc. (Otc Pink: Eari) Announces The Acquisition Of Lake Tahoe Distilling And Elemental Spirits, Effectively Entering The $80.43 Billion Craft Spirit Market

PRIVATEMar 03, 2022

Acquiring Company

OTC

Acquired Company

Lake Tahoe Distilling And Elemental Spirits

Data And AnalyticsConsumer GoodsFood And BeverageData And AnalyticsConsumer GoodsFood And Beverage

Description

Entertainment Arts Research (EARI) announces the acquisition of Lake Tahoe Distilling and Elemental Spirits, which effectively positions the group in the hand-crafted spirit industry estimated to reach $80.43 billion by 2025 in market size. Adding these spirit brands to the White Rhino Vodka lineup, gives consumers the option to mix unique cocktails with several permutations. The EARI Beverage Group is well on the way to becoming the gold standard of multi-brand and omni channel beverages. The group intends to take advantage of the synergies and economies of scale created with Lake Tahoe Distilling, commencing with the production White Rhino Vodka. Elemental Spirits is a range of Handcrafted Bitters & Hydrosols, grown from seed to bottle. With variants like Lavendahhhhh, Qi-Li, Sage Advice, Sun-Kissed Cocktail and Blessed to be Basil bitters, the potential cocktail permutations are limitless. With Kat Valentina and Jeff VanHee onboard, we now have the organizational competence in distilling and mixology to build a collaborative community of products and innovative approaches to the cocktail and spirits world. Kat has a background in Planetary Herbology and a lifetime of service behind bars and in restaurants. Combining both paths, medicinal mixology was born, moving the cocktail community forward into the realm of conscious imbibing. Jeff is a Master Distiller of 13 years, winning many awards for his whiskey, gin and rum.

Quick answer

OTC is acquiring Lake Tahoe Distilling And Elemental Spirits and Lake Tahoe Distilling And Elemental Spirits for $80.4 billion, announced March 3, 2022.

How much did OTC pay for Lake Tahoe Distilling And Elemental Spirits?
The reported deal value is $80.4 billion.

Source: Fundz verified event record.

Other recent acquisitions in Data And Analytics and Consumer Goods

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

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Frequently asked

Who acquired Lake Tahoe Distilling And Elemental Spirits?

Lake Tahoe Distilling And Elemental Spirits was acquired by OTC. The deal was reported on March 3, 2022. OTC is privately held.

When did OTC acquire Lake Tahoe Distilling And Elemental Spirits?

OTC's acquisition of Lake Tahoe Distilling And Elemental Spirits was reported on March 3, 2022. Entertainment Arts Research (EARI) announces the acquisition of Lake Tahoe Distilling and Elemental Spirits, which effectively positions the group in the hand-crafted spirit industry estimated to reach $80.43 billion by 2025 in market size. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Lake Tahoe Distilling And Elemental Spirits do?

Produces exceptional organic, non-GMO craft spirits and blending botanicals based in plant medicine into the craft spirits world. It is privately held, operating in Data And Analytics.

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