MGP Ingredients acquires US alcohol producer Luxco in a US$475m deal

US – MGP Ingredients, a supplier of distilled spirits and specialty wheat proteins and starches, has agreed to acquire US alcohol producer and marketer Luxco and its affiliated companies in a $475 million deal. In a statement, MGP said that the acquisition – comprised of equal parts cash and stock – will increase its scale and boost its market position in the branded spirits sector. Luxco is a producer, supplier, importer and bottler of beverage alcohol products, with a portfolio of brands that includes Ezra Brooks, Daviess County, Yellowstone, El…

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