Andrew Peller Limited

Andrew Peller Limited in its acquisition of three British Columbia Wineries

Client

Andrew Peller Limited

Value

$95 milllion

Service

Mergers and Acquisitions

Date Closed

October 2017

Lead Office

Vancouver

 

In October 2017, Andrew Peller Limited completed its acquisition of 100% of Black Hills Estate Winery, Gray Monk Estate Winery and Tinhorn Creek Vineyards, for a combined purchase price of $95 million. The purchase was funded by a combination of $78 million in cash from the Andrew Peller Limited’s credit lines and $17 million worth of Class A common shares.

Andrew Peller Limited is a Canada-based company, which produces and markets wine and wine related products.

Osler, Hoskin & Harcourt LLP represented Andrew Peller Limited with a team consisting of Trevor Scott, Patrick Sullivan (Corporate), Martha Martindale (Financial Services and Real Estate), Laurie Barrett (Financial Services), and Corinne Grigoriu (Taxation).