Linklaters has advised the sellers, including founder Stephen Carroll, on the sale of Don Papa Rum, a super-premium, dark rum from the Philippines, to Diageo.
Launched in 2012 by entrepreneur Stephen Carroll, together with Andrew John Garcia, Don Papa Rum is currently available in 30 countries, with France, Germany and Italy being its largest markets.
The rum’s story is rooted in the Philippine Island of Negros Occidental, where the rum is distilled and aged using local sugar cane and American oak barrels.
The transaction is expected to close in the first half of 2023.
Linklaters’ Managing Associate Thomas Bishop, comments:
“We were delighted to be able to work with Stephen and the other sellers on this significant transaction and would like to congratulate everyone involved. This deal showcases the strength of our consumer M&A practice at the firm.”
The Linklaters team was led by Managing Associate Thomas Bishop, and supported by William Peck, Divpriya Chawla and Joshua Chang.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
