Spirit Of Gallo Acquires Fishers Island Lemonade America'S Craft Lemonade Canned Cocktail

May 01, 2023•over 2 years ago

Acquiring Company

SPIRIT OF GALLO

Acquired Company

Fishers Island Lemonade

ModestoWine And SpiritsHospitalityFood And BeverageRetailHospitalityFood And Beverage

Description

Spirit of Gallo has announced that it will acquire Fishers Island Lemonade, a female-founded beverage brand. A trailblazer in the ready-to-drink (RTD) category, Fishers Island Lemonade was one of the first premium craft cocktails to be packaged in a can. Fishers Island Lemonade (9% ABV) is positioned as a leader in the premium RTD category with its one-of-a-kind, full-flavor taste profile of barrel-aged whiskey and premium vodka; its four-pack is offered at $15.99.

Company Information

Company

SPIRIT OF GALLO

Location

Modesto, California, United States

About

For nearly a half a century, the Gallo family has been growing its portfolio of spirits brands. Spirit of Gallo's mission is to build the next great American spirits company and to meet the changing needs of consumers. Spirit of Gallo represents 24 brands and is now the third largest spirits supplier in the United States by volume. Some of the award-winning brands include New Amsterdam Vodka, E & J Brandy, Horse Soldier Bourbon, Tequila Komos, Camarena Tequila, RumChata, Pink Whitney, RumHaven, Stratusphere Gin, and the break-out, spirit-based hard seltzer, High Noon. Additionally, the portfolio contains an impressive list of both owned and imported luxury spirits such as The Dalmore Single Malt Scotch, Germain-Robin Brandy, Amaro Montenegro, Don Fulano Tequila and Lo-Fi Aperitifs. The entire portfolio is featured on www.spiritofgallo.com. Media Contact: Jibu Banerji, jibu.banerji@ejgallo.com SOURCE Spirit of Gallo

M&A Insights

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Integration timeline

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Tech stack consolidation

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Post-acquisition investment

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