SPI Group’s Baltic unit, Amber Beverage Group (ABG), will boost its distribution capabilities in Australia with a deal to buy a majority share in Think Spirits Australia.
Founded in 2004 and based in Sydney, Think Spirits is an independent distributor of premium spirits brands such as Casamigos tequila and Martin Miller’s Gin. It is expected the acquisition will be completed in May.
As part of the deal, Think Spirits founder Patrick Borg and his team will remain in the business and no operational changes are expected.
ABG CEO Seymour Ferreira said: “We are very excited to have Patrick and his exceptional team at Think Spirits join ABG. I am certain that the addition of Think Spirits will enable us to accelerate our drive to build a global platform for our brands.”
Patrick Borg added: “Our companies share similar values and we believe the partnership will give us access to other brands within the group, allowing us to further strengthen our portfolio and teams for the benefit of both existing and new brand owners.”
ABG operates from its head office in Luxembourg and through its production and distribution companies in Russia, Mexico, UK and the Baltics, its historical home.
In 2015 ABG expanded its partnership with Beam Suntory that has allowed it to distribute the company’s portfolio in the Baltic region.
And a year later it bought a majority stake in Mexican tequila producer Fabrica de Tequilas Finos.
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