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Enterprise Alcoholic Beverage Manufacturing sector

Strategic acquirers, private equity (buyout funds and growth funds) firms, and valuation benchmarks for Enterprise Alcoholic Beverage Manufacturing

1.1 - About Enterprise Alcoholic Beverage Manufacturing sector

Companies in this category produce and scale beer, wine, spirits, ciders, hard seltzers, and ready-to-drink cocktails for on- and off-premise markets. Enterprise Alcoholic Beverage Manufacturing firms operate large breweries, distilleries, and wineries, manage brand portfolios, and coordinate distribution to ensure consistent quality, regulatory compliance, and reliable supply. Their value lies in efficient production, national reach, and capability to launch and support new SKUs across multiple channels.

These companies brew lagers and ales, distill whiskey, vodka, and gin, vinify varietal and blended wines, and craft RTD cocktails and ciders. Many provide contract brewing and distilling, private-label development, and end-to-end bottling and canning with labeling and packaging design. They maintain in-house quality assurance labs, manage TTB and international compliance, oversee export logistics, and procure grains, grapes, hops, and botanicals to support scalable, predictable production.

Primary customers include national and regional alcohol distributors, grocery and liquor retailers, and multi-unit bar and restaurant groups. Buyers gain expanded assortments and faster time-to-market for new SKUs, dependable and compliant supply across geographies, and margin improvement through scale manufacturing. These producers also support brand owners with route-to-market partnerships that increase coverage and velocity in both on-premise and off-premise channels.

2. Buyers in the Enterprise Alcoholic Beverage Manufacturing sector

2.1 Top strategic acquirers of Enterprise Alcoholic Beverage Manufacturing companies

Athletic Brewing Logo

Athletic Brewing

HQ: United States Website
  • Description: Provider of non-alcoholic craft beer and flavored sparkling water sold online. Athletic Brewing Company LLC produces <0.5% ABV brews in IPA, golden, radler, sour and other styles, markets DayPack sparkling waters, and operates subscription programs such as the Athletic Club and Subscribe & Save that give members discounted pricing, exclusive releases and free shipping.
  • Key Products:
  • Run Wild Non-Alcoholic IPA: Award-winning non-alcoholic IPA honored by Forbes, delivering full craft hop flavor without alcohol so consumers can enjoy beer taste anytime and maintain active lifestyles
  • Free Wave Non-Alcoholic Hazy IPA: Recognized as America’s best NA hazy IPA, offers juicy haze profile and full-bodied taste while eliminating alcohol, supporting moderation without sacrificing craft quality
  • Upside Dawn Golden Ale: Silver-medal winning near-beer golden ale providing light, refreshing flavor experience with quality brewing that allows drinkers flexible occasions free from alcohol content
  • Aftershift Limited Brew: Crisp, light-bodied brew featuring lime leaf and yuzu notes, created with renowned chefs
  • profits support Southern Smoke Foundation, combining flavorful refreshment with charitable impact.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
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2.2 - Strategic buyer groups for Enterprise Alcoholic Beverage Manufacturing sector

M&A buyer group 1: Food & Beverage Products

320 companies View group →
Description: Companies in the Food & Agriculture CPG Manufacturers category produce, market, and distribute branded food and beverage products across retail, foodservice, and B2B channels. They manage end-to-end portfolios spanning snacks, confectionery, dairy, frozen meals, and proteins, supported by large-scale manufacturing, logistics, and category management. Their value proposition is dependable supply, consistent quality and safety, ongoing innovation, and brand equity that drives consumer demand and retailer performance.
Mondelez International

Mondelez International

Website HQ: United States
  • Type: N/A
  • Employees: ●●●●●
  • Description: Provider of confectionery, snack food and beverage products under iconic brands such as Oreo, Cadbury, Milka, Toblerone, Sour Patch Kids and Trident, aiming to empower people worldwide to snack right through responsible, consumer-centric offerings.
  • Key Products:
  • Cadbury Dairy Milk: Recognisable chocolate bar celebrated for its slow melting, smooth coating, long-lasting taste
  • offers indulgent snack moments to consumers worldwide
  • Cadbury sharing bars: Chocolate sharing bars now wrapped in 80% certified recycled plastic, using ~600 tonnes of post-consumer plastic annually and reducing environmental impact
  • Oreo biscuits: Iconic biscuit brand engaging consumers through award-winning creative activations like 'Name this OREO' and 'Square Cookie', driving global brand excitement and participation
  • Milka Mmmax chocolate: Indulgent bar promoted via 'Mmmax your Moment' partnership with Katy Perry across 16 European markets, broadening consumer reach through pop-culture engagement
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms in Enterprise Alcoholic Beverage Manufacturing sector

3.1 - Buyout funds in the Enterprise Alcoholic Beverage Manufacturing sector

Buyout Funds investing in Enterprise Alcoholic Beverage Manufacturing companies

51+ funds
Description: Buyout funds focused on Enterprise Alcoholic Beverage Manufacturing companies globally.

CVC Capital Partners

Website HQ: Luxembourg
  • Type: Buyout
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: Technology companies in Enterprise Alcoholic Beverage Manufacturing
  • Relevant M&A transactions / similar portfolio companies:
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2.2 - Strategic buyer groups for Enterprise Alcoholic Beverage Manufacturing sector

Growth Equity Funds in Enterprise Alcoholic Beverage Manufacturing companies

41+ funds
Description: Growth equity funds focused on Enterprise Alcoholic Beverage Manufacturing companies globally.

Ardian

Website HQ: France
  • Type: Growth
  • Fund Size: $●●●m
  • Investment Range: $●●-●●●m
  • Focus: High-growth companies in Enterprise Alcoholic Beverage Manufacturing
  • Relevant investments / similar portfolio companies:
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4 - Top valuation comps for Enterprise Alcoholic Beverage Manufacturing companies

4.2 - Public trading comparable groups for Enterprise Alcoholic Beverage Manufacturing sector

Valuation benchmark group 1: Global Beer Brewing Companies

9 companies View group →
Description: Companies in this group are branded beer producers that brew, market, and distribute large-scale portfolios across mainstream, premium, and craft segments. They operate global and regional networks, monetize volume, pricing, and mix, and extend into adjacent categories like cider, seltzer, and alcohol-free beverages. They are comparable due to similar brewing economics, brand-led demand drivers, and route-to-market models that underpin valuation benchmarks in public trading comparables.
Heineken logo

Heineken

  • Enterprise value: $●●●m
  • Market Cap: $●●●m
  • EV/Revenue: ●.●x
  • EV/EBITDA: ●●.●x
  • Description: Provider of brewing products and services, focusing on transparent consumer information aimed at achieving a global presence in the brewing world with over 300 brands.
  • Key Products:
  • Beverage Brewing: Process of creating alcoholic beverages through brewing techniques
  • Brand Heritage: Promoting brands with diverse heritage and global presence
  • Consumer Information: Providing transparent information on products for consumer trust
  • Global Brewing Presence: Expansion of brewing facilities to achieve worldwide availability
  • Heritage Promotion: Showcasing the history and significance of brewing brands globally
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Revenue growth
Median
15.7%
2025E
16.0%
2026E
EBITDA margin
Median
28.2%
2025E
28.6%
2026E
Cash EBITDA margin
Median
27.6%
2025E
28.0%
2026E
EV/Revenue
Median
8.4x
2025E
6.8x
2026E
EV/EBITDA
Median
28.9x
2025E
24.4x
2026E
EV/Cash EBITDA
Median
29.0x
2025E
25.5x
2026E
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4.3 - M&A Transactions in the Enterprise Alcoholic Beverage Manufacturing sector

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

Buyers & Acquirers in Enterprise Alcoholic Beverage Manufacturing sector

Who are the top strategic acquirers of Enterprise Alcoholic Beverage Manufacturing companies?

Top strategic buyers in this sector include Athletic Brewing, a provider of non-alcoholic craft beer and flavored sparkling water sold online. athletic brewing company llc produces <0.5% abv brews in ipa, golden, radler, sour and other styles, markets daypack sparkling waters, and operates subscription programs such as the athletic club and subscribe & save that give members discounted pricing, exclusive releases and free shipping. .

Which buyer groups are most relevant for Enterprise Alcoholic Beverage Manufacturing companies?

Relevant strategic buyer groups similar to the Enterprise Alcoholic Beverage Manufacturing sector include Food & Beverage Products because they share similar customer segments and product capabilities.

Financial Investors in Enterprise Alcoholic Beverage Manufacturing sector

Which are the top PE firms investing in Enterprise Alcoholic Beverage Manufacturing companies?

Potential investors in the broader Enterprise Alcoholic Beverage Manufacturing space include Ardian and CVC Capital Partners.

Who are the top buyout funds acquiring Enterprise Alcoholic Beverage Manufacturing companies?

Active PE funds and buyout funds acquiring companies in the Enterprise Alcoholic Beverage Manufacturing space include CVC Capital Partners.

Who are the top growth equity funds investing in Enterprise Alcoholic Beverage Manufacturing companies?

Growth funds investing in the broader Enterprise Alcoholic Beverage Manufacturing sector include Ardian.

Valuation of Companies in Enterprise Alcoholic Beverage Manufacturing sector

Which are the key public companies that are relevant trading comps for Enterprise Alcoholic Beverage Manufacturing companies?

Key trading comparable groups include Heineken, a provider of brewing products and services, focusing on transparent consumer information aimed at achieving a global presence in the brewing world with over 300 brands..

Which are the key trading comparable groups for Enterprise Alcoholic Beverage Manufacturing companies?

Similar trading comparable companies include Global Beer Brewing Companies. Our platform tracks detailed trading comparable groups in the Enterprise Alcoholic Beverage Manufacturing sector with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in the Enterprise Alcoholic Beverage Manufacturing sector?

Our platform tracks M&A transactions in the Enterprise Alcoholic Beverage Manufacturing sector with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Enterprise Alcoholic Beverage Manufacturing?

Access recent funding rounds in the Enterprise Alcoholic Beverage Manufacturing sector including growth equity, venture capital, and buyout investments. Our database includes round size, lead investors, valuations, and use of proceeds.

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