Brown-Forman Corporation
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Brown-Forman Corporation - overview
Established
1870
Location
Louisville, KY, US
Primary Industry
Consumer Products
About
Brown-Forman Corporation is a global producer and distributor of premium spirits, including iconic brands such as Jack Daniel's, focusing on quality and tradition in every product they offer. Founded in 1870 in Louisville, US, Brown-Forman Corporation is committed to producing high-quality spirits. The company operates independently and has expanded its portfolio through various acquisitions over the years. The current CEO is Lawson Whiting, who leads the firm in its strategic vision, building on the foundation laid by its founder, George Garvin Brown, known for his prior ventures in whiskey production.
Brown-Forman Corporation specializes in the production and distribution of premium and super-premium spirits, including a diverse portfolio of renowned brands such as Jack Daniel's, Woodford Reserve, and Finlandia Vodka. These offerings are crafted with a commitment to quality and tradition, appealing to consumers who seek high-end alcoholic beverages for various occasions, from casual gatherings to formal celebrations. The company primarily serves a global clientele, distributing its products in markets across North America, Europe, Asia, and Latin America, thereby catering to a wide range of consumer preferences and legal drinking ages. The end users of these products include individual consumers as well as bars, restaurants, and retailers that value high-quality spirits.
Through continuous innovation and adherence to its core values, Brown-Forman seeks to enhance the drinking experience while addressing the evolving tastes and demands of its customers. Brown-Forman generates revenue through direct sales of its premium spirits to retailers, wholesalers, and distributors worldwide. The company's transaction structure typically involves B2B relationships where its products are sold in bulk to businesses that then serve end consumers. For instance, wholesalers purchase large quantities of flagship products like Jack Daniel's Tennessee Whiskey and distribute them to various retail outlets and bars.
The pricing strategy for these products reflects their premium positioning in the market, ensuring that they maintain a competitive edge while delivering value to both partners and consumers. The company’s focus on sustainable practices and long-term relationships with stakeholders further contributes to its revenue stream, enabling steady growth and investment in its brand portfolio.
Primary Industry
Consumer Products
Sub Industries
Consumer Products
Website
www.brown-forman.com
Total Amount Raised
Subscriber access only
Brown-Forman Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public to Private, Secondary Buyout | Completed | The Duckhorn Portfolio, Inc. | - | ||||||||
| Add-on, Corporate Carve Out | Completed | Sonoma-Cutrer Vineyards, Inc. | - | ||||||||
| Trade Sale | Completed | The Duckhorn Portfolio, Inc. | - | ||||||||
| Buyout | Completed | Hartmann, Inc. | - |
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