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Jose Cuervo's Acquisition of Pendleton Whisky Brands

On December 13, 2017, Becle, S.A.B. de C.V. (“Becle”), known collectively with its subsidiaries as Jose Cuervo, announced that it has entered into a definitive agreement to acquire the Pendleton Whisky brand assets from Hood River Distillers, Inc. for $205 million. Pendleton Whisky is one of the leading super premium whisky brands in the United States. Cravath is representing Becle in connection with the transaction.

The Cravath team is led by partners D. Scott Bennett and Mark I. Greene and includes associates Mark Mushkin, William F. Roegge and Jarrett V. Burks on M&A matters; partner David J. Kappos and associate Nicholas Kypriotakis on intellectual property matters; partner Margaret Segall D’Amico, practice area attorney Robin C. Landis and associate Darnell Stanislaus on antitrust matters; practice area attorney Romica Singh and associate Brian B. Kennedy on executive compensation and benefits matters; senior attorney Andrew Carlon on tax matters; senior attorney Annmarie M. Terraciano on environmental matters; and senior attorney Joyce Law on real estate matters. D. Ryan Hart also worked on M&A matters.