Corporate News

MGP Ingredients To Acquire Luxco; Boost Position In Branded-spirits Sector- Quick Facts

MGP Ingredients, Inc. (MGPI), a supplier of distilled spirits as well as specialty wheat proteins and starches, said Monday it has agreed to acquire Luxco, Inc., and its affiliated companies.

The deal represents an enterprise value of $475 million, comprised of equal parts cash and stock. The transaction is expected to be completed during the first half of 2021.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Corporate News