Gallo to Acquire Four Roses Distillery from Kirin for Up to $775M (KYO, KBW)

Gallo Wine & Spirits (KBW) agreed to acquire the Four Roses bourbon brand from Kirin (TYO: 7201) in a deal valued at up to $775 million, with a potential closing in the second quarter of 2026. The acquisition, expected to be finalized in the second quarter of 2026, will not alter operations, production, or distribution at the Kentucky distillery. Gallo stated no immediate changes to current practices, while Kirin cited a strategic reallocation of resources to focus on businesses it deems growth-oriented. The deal follows a $55 million expansion at Four Roses’ Lawrenceburg facility and comes amid a broader U.S. spirits sales decline of 2.2% in 2025, with premium whiskey categories maintaining resilience.