Mergers and acquisitions in the beverage alcohol category were steady in the first half of 2021, but represented a slowdown compared to the first half of 2020. 

There were 16 deals made in H1 2021 compared to 26 in H1 2020. The vast majority of the deals fell in the supplier segment of the industry. There were 9 deals that involved spirits brands, 4 that involved wine brands and no notable acquisitions for a beer brand.

New to the Park Street M&A roundup this year were some notable acquisitions in the e-commerce space. Uber acquired Drizly for $1.1 billion, Southern Glazer’s Wine & Spirits took a stake in ReserveBar, and GoPuff acquired BevMo. M&A Chart 2020

In 2020, Constellation Brands, Diageo and Pernod Ricard were active buyers, each with a handful of deals to close out the year, but in 2021 there was a wide mix of companies represented. Below is a roundup of the most notable beverage alcohol M&A deals in the first half of 2021. To view the M&A roundup from 2020, click here.


MGP Ingredients Acquired Luxco for $475 Million 


Southern Glazer’s Wine & Spirits Acquired Epic Wine & Spirits

LVMH Took 50% Stake in Jay-Z’s Armand De Brignac

Uber Bought Alcohol Delivery Startup Drizly for $1.1 Billion 


Chatham Imports Made Equity Investment In Los Siete Misterios Mezcal 

Southern Glazer’s Wine & Spirits Ventures Division Made Equity Investment In ReserveBar

Treasury Wine Estates Reach Long-Term Agreement with The Wine Group for Several Commercial Brands in its US Portfolio


E&J Gallo Acquired RumChata Liqueur

Diageo Acquired RTD Cocktail Brand Loyal 9


E&J Gallo Acquired LIQS Premium Cocktail Shots

Constellation Acquired Minority Stake In Burston’s La Fête Du Rosé

Anheuser-Busch Invests in Canteen Spirits


Constellation Brands Invested in “Breaking Bad” Stars’ Mezcal

Uncle Nearest Debuted New $50 Million Venture Fund

Delivery Service GoPuff Acquired Liquor Barn Retail Chain 

Delicato Family Wines Acquired Francis Ford Coppola Winery

For the latest list of mergers and acquisitions, along with analysis of major players and buyer motivation, check out Park Street’s 2023 Beverage Alcohol M&A Overview.

Start Enhancing Your Productivity Today

Over 3,000 Alcoholic Beverage brands have experienced the benefits of partnering with us to enhance their productivity. Contact us and find out how Park Street can start helping your brand today.