MGP Ingredients, Inc.’s Acquisition Of Luxco, Inc.


Bryan Cave Leighton Paisner LLP advised Luxco, Inc. on the deal.

Luxco, Inc. has been acquired by MGP Ingredients, Inc. (Nasdaq: MGPI). The transaction, comprising an enterprise value of $475 million, was signed on Jan. 25 and is expected to close in the first half of 2021.

Luxco generated approximately $202 million in net revenues last year, and provides MGP Ingredients with an established platform of extensive operational capabilities and a comprehensive national sales footprint with a portfolio of higher-value branded-spirit brands. The acquisition will boost MGP Ingredients’ scale and market position in the branded-spirits sector.

Luxco was advised by a BCLP deal team led by Global Corporate and Finance Transactions Department Leader Stephanie Hosler (Picture), Partner Michael Schwartz, and Associates Jordan Buchheit and Nick Happe. Additional deal team members included Partners Phil Wright and Jessica Edwards (tax), Partner Randy Wang (securities), Partner Becky Nelson and Counsel Danielle Mangogna (antitrust), Counsel Lucinda Althauser (intellectual property), Partner Joe Robertson (real estate) and Partner Brandon Neuschafer (environmental and food regulatory)

Involved fees earner: Lucinda Althauser – Bryan Cave Leighton Paisner; Jordan Buchheit – Bryan Cave Leighton Paisner; Jessica Edwards – Bryan Cave Leighton Paisner; Nicholas Happe – Bryan Cave Leighton Paisner; Stephanie Hosler – Bryan Cave Leighton Paisner; Danielle Mangogna – Bryan Cave Leighton Paisner; Rebecca Nelson – Bryan Cave Leighton Paisner; Brandon Neuschafer – Bryan Cave Leighton Paisner; Joseph Robertson – Bryan Cave Leighton Paisner; Michael Schwartz – Bryan Cave Leighton Paisner; Randall Wang – Bryan Cave Leighton Paisner; Philip Wright – Bryan Cave Leighton Paisner;

Law Firms: Bryan Cave Leighton Paisner;

Clients: Luxco, Inc.;

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Author: Ambrogio Visconti