Brown-Forman to acquire Gin Mare, the advisors

Brown-Forman Corporation has reached an agreement to purchase the Gin Mare brands from Vantguard and MG Destilerías. Upon completion of the transaction, Brown-Forman will add Gin Mare and Gin Mare Capri to its growing portfolio.

Gin Mare is a Spanish gin with a Mediterranean-inspired recipe of botanicals, including Arbequina olives, thyme, rosemary, and basil. Gin Mare Capri, introduced last year, is made with Italian bergamot and lemons, along with Gin Mare’s four principal botanicals.

Gin Mare was founded in 2010 by the Giró Family of MG Destilerías andAlfonso Morodoand Antonio Pardo of Vantguard. Today, it is sold in more than 70 countries and is the largest ultra-premium gin brand in the world according to IWSR.

Gin Mare will continue to be produced at MG Destilerías in Vilanova i la Geltrú, a fishing village between the Costa Brava and the Costa Dorada. The transaction, subject to customary closing conditions, is expected to close within 60 business days.

Ceca Magán has advised the seller Vantguard with Javier Lucas Nieto, José María Pastrana and Esther Pérez García.

Brown-Forman to acquire Gin Mare, the advisors

Ilaria

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