Kirin to Sell Four Roses Distillery to E. & J. Gallo Winery — Update
By Kosaku Narioka
Kirin Holdings has agreed to sell Kentucky-based bourbon whiskey unit Four Roses Distillery to E. & J. Gallo Winery in a $775 million deal.
The Japanese beer and beverage maker said Friday that it decided to sell the bourbon maker as part of a regular review of its business portfolio.
Kirin said Four Roses had achieved strong growth, primarily in the U.S. market, since its acquisition in 2002.
The acquirer, E. & J. Gallo Winery, is a California-based family-owned alcoholic beverage producer.
The Japanese company didn't disclose the bourbon maker's financial condition, citing confidentiality obligations between the parties.
Kirin said the sale price of up to about $775 million included a $50 million consideration contingent upon Four Roses achieving certain revenue targets following the completion of the sale.
The sale is expected to be completed in the second quarter, Kirin said.
Write to Kosaku Narioka at kosaku.narioka@wsj.com
(END) Dow Jones Newswires
February 05, 2026 21:17 ET (02:17 GMT)
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