High West Distillery to Be Acquired by Constellation Brands
On October 5, 2016, Constellation Brands, a leading beverage alcohol company, announced that it will acquire Utah-based High West Distillery for approximately $160 million. The acquisition includes all of High West's operations and its portfolio of high-end craft American whiskeys. Wilson Sonsini Goodrich & Rosati is representing High West Distillery in the transaction.
High West sells approximately 70,000 cases annually. The High West beverage portfolio includes four core products, including the only blend of Scotch, bourbon, and rye whiskeys on the market. In addition, High West Distillery produces several limited edition whiskeys. As part of the agreement, High West's employees will join Constellation Brands. The transaction is expected to close by the end of October 2016.
The WSGR team representing High West in the transaction includes partners Bob O'Connor and Todd Cleary and associates Matt Baudler, Bobby Cook, Derek Liu, and Rob Moreno. Members of the firm's real estate, technology transactions, trademark and copyright, and employee benefits and compensation practices also supported the transaction.
For additional information, please see Constellation Brands' press release.