The net proceeds will be used to finance the intended acquisition of the ultra-premium Tequila Partida brand from the Shansby Trust and Edrington USA, Inc. and for the completion payment of the acquisition of Nuvo, with the remainder available for de-leveraging and general corporate purposes. Read more about Lucas Bols' successful capital raise and about the intended acquisition of Tequila Partida.

Loyens & Loeff’s deal team for the offering was led by Menno Baks and further consisted of Harmen Holtrop, Iman Smit, Michiel Rank and Michelle de Nie.