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Diamond Estates Wines & Spirit Inc V.DWS

Alternate Symbol(s):  DWWEF

Diamond Estates Wines & Spirits Inc. is a Canada-based producer of wines and ciders as well as a sales agent for over 120 beverage alcohol brands across Canada. Its principal business activities include the production, marketing and sale of wine, and through its agency division, operating as Trajectory Beverage Partners (TBP), distribution and marketing activities for various beverage alcohol brands. Its brands include Twenty Bees, Creekside, EastDell, Mindful, Lakeview Wine Co., Shiny Apple Cider & Fresh Wines, and Backyard Vineyards. These products are available at government liquor boards, grocery stores and licensed establishments across Canada. It operates four production facilities, three in Ontario and one in British Columbia. The Company distributes a complementary portfolio of international wines and spirits through a subsidiary. TBP is the sales agent for many international brands in all regions of the country as well as being a distributor in the western provinces.


TSXV:DWS - Post by User

Post by TheCount11on Jun 21, 2024 11:07am
132 Views
Post# 36099956

Lassonde Makes Big Acquisition!

Lassonde Makes Big Acquisition!Given I am posting this here you are likely thinking the controlling shareholder finally ponied up the big bucks for North America's best wineries.  $100 per DWS share!

Just kidding.  Lassonde is to acquiring a company though, just not DWS. 
Its the Summer Garden Food Manufacturing ("Summer Garden"), a U.S.-based manufacturer and distributor of specialty food, for a consideration of US$235.0 million, payable at closing. By way of additional consideration, a further amount of up to US$45.0 million may be payable over the next three years, should certain financial targets be achieved and other conditions met.


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