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Vintage Wine Estates has acquired US winery Meier’s Wine Cellars (doing business as Meier’s Beverage Group), as it looks to expand its ready-to-drink (RTD) beverage production. Founded in 1895 in Silverton, Ohio, Meier's produces, bottles, imports and markets speciality alcohol and non-alcohol products. The company, the oldest and largest winery in Ohio, owns a bonded winery, brewery and distilled spirits plant with processing and bottling capabilities, which include three bottling lines and a beverage canning line that produces over 800,000 cases annually. Meier's generated around $18 million in revenue last year, and the acquisition was valued at approximately eight times more than Meier's adjusted EBITDA. Pat Roney, CEO of Vintage Wine Estates, commented: “Vintage Wine Estates has a longstanding relationship with Meier’s and has been a spirits client for many years. We know their operation to be among the most well-managed in the business. We are particularly excited about their expertise in RTD wine and beverage alcohol production and plan to expand our RTD production, including Ace Cider products, at their facility.” Meier’s president, Paul Lux, added: “We were attracted to the opportunity to join Vintage Wine Estates because we expect the combination to accelerate cash flow growth from stronger operating leverage while also expanding our capabilities and market reach. Meier’s brings technical strength, increased capacity, and deeper Midwest geographic access to the broader brand equity and scale of Vintage Wine Estates.”