On the Record · Brown Forman
Brown Forman acquisitions, on the record
The businesses Brown Forman bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Gin MareWord for word“During the third quarter of fiscal 2023, we acquired the Gin Mare brand and the Diplomático brand and related assets for a combined purchase price of $1.2 billion.” 10-K for 2024 | acquisition | During the third quarter of fiscal 2023 | — |
DiplomáticoWord for word“During the third quarter of fiscal 2023, we acquired the Gin Mare brand and the Diplomático brand and related assets for a combined purchase price of $1.2 billion.” 10-K for 2024 | acquisition | During the third quarter of fiscal 2023 | combined purchase price of $1.2 billion |
Finlandia vodka businessWord for word“During the third quarter of fiscal 2024, we sold the Finlandia vodka business for $196 million cash and entered into a related TSA for this business.” 10-K for 2024 | divestiture | During the third quarter of fiscal 2024 | $196 million cash |
Sonoma-Cutrer wine businessWord for word“During the fourth quarter of fiscal 2024, we sold the Sonoma-Cutrer wine business in exchange for an ownership percentage of 21.4% in Duckhorn along with $50 million cash and entered into a related TSA for this business.” 10-K for 2024 | divestiture | During the fourth quarter of fiscal 2024 | — |
The Jack Daniel CooperageWord for word“2 The Jack Daniel Cooperage was divested on May 1, 2024.” 10-K for 2024 | divestiture | May 1, 2024 | — |
Duckhorn investment (21.4% ownership interest)Word for word“On December 24, 2024, Duckhorn was acquired by Butterfly Equity.” 10-K for 2025 | divestiture | On December 24, 2024 | — |
Gin Mare Brand, S.L.U. and Mareliquid Vantguard, S.L.U. (Gin Mare)Word for word“During fiscal 2023, we acquired Gin Mare Brand, S.L.U. and Mareliquid Vantguard, S.L.U., which owned the Gin Mare brand (Gin Mare).” 10-K for 2025 | acquisition | During fiscal 2023 | — |
Alabama cooperageWord for word“During fiscal 2025, we recognized a gain of $12 million on the sale of the Alabama cooperage.” 10-K for 2025 | divestiture | During fiscal 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2017-04-30 | $307 million | $0 | $183 million |
| 2018-04-30 | $0 | $0 | — |
| 2019-04-30 | $0 | $0 | — |
| 2020-04-30 | $22 million | $0 | $11 million |
| 2021-04-30 | $14 million | $177 million | $8 million |
| 2022-04-30 | $0 | $0 | — |
| 2023-04-30 | $1.2 billion | $0 | $652 million |
| 2024-04-30 | $0 | $246 million | — |
| 2025-04-30 | $0 | $0 | — |
| 2026-04-30 | — | $0 | — |
Deal filings since 2016
- 2026-09-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-04-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-05-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-01-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-10-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from Brown Forman’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-06-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.