Honey-infused spirits distiller and supplier, British Honey Co is to acquire Leicestershire-based Union Distillers for £8m.
With the acquisition, British Honey Co aims to create and grow a multi-category brand portfolio across a number of geographies with a broader access to the UK off-trade market, through developing its product portfolio and increasing its market presence and customer base.
Union Distillers produces the Two Birds brand, which is made up of 11 gins, seven vodkas, a spiced rum, an absinthe and an espresso vodka liquor, which are sold across retail and wholesale in the UK.
Following the completion of the deal, British Honey Co is planning to purchase a new canning line and enhancing the production facilities at Union Distillers, which includes stills and a bonded warehouse.
The combined company’s capacity will enable the production of three million bottles, seven million cans and five million miniatures in 2021.
Founded in 2013, Union Distillers was created by engineer and gin enthusiast, Mark Gamble, who will join the British Honey board as an executive director and will play a key role in the integration, development and growth of the combined group.