Lucas Bols N.V., a leading global cocktail and spirits player (“Lucas Bols”), today announces it has, in line with earlier communications, completed the acquisition of Tequila Partida LLC (“Tequila Partida”). The purchase price, consisting of a fixed component of USD 10 million and a smaller variable component which can be earned over a two-year period commencing on
1 April 2022, is financed through the successful accelerated bookbuild offering in December 2021.

Tequila Partida will be fully consolidated in Lucas Bols’ financial reporting from 1 January 2022 onwards. The transition of the distribution of the Tequila Partida portfolio in the US to the Lucas Bols USA platform has commenced and is expected to be completed no later than 1 April 2022.

The acquisition of the ultra-premium Tequila Partida brand strengthens Lucas Bols’ portfolio with tequila, since 2000 the fastest growing spirits category in the US and a key ingredient in the leading Margarita cocktail.