Brown-Forman Corporation (NYSE:BF.B) agreed to acquire Gin Mare Brand SL from Vantguard and MG Destilerías on September 6, 2022. Upon completion of the transaction, Brown-Forman will add Gin Mare and Gin Mare Capri to its growing portfolio. The transaction is subject to customary closing conditions, is expected to close within 60 business days. Gibson, Dunn & Crutcher LLP acted as legal advisor to Brown-Forman Corporation. Javier Martí-Fluxá, Álvaro Bourkaib of Cuatrecasas acted as legal advisor to Brown-Forman.

Brown-Forman Corporation (NYSE:BF.B) completed the acquisition of Gin Mare Brand SL from Global Premium Brands, S.A. and Destilerias MG S.L. for approximately $520 million on November 3, 2022. Brown-Forman acquired Gin Mare for consideration of $468 million in cash paid at the acquisition date plus contingent consideration of $56 million