Callaway buys Jack Wolfskin

According to wuv, Callaway Golf Company will buy the outdoor company Jack Wolfskin for Euro 418 million.

For a while Jack Wolfskin was owned by Barclays Private Equity and Quadriga Capital. Then Blackstone bought the company in 2010, supposedly paying Euro 700 million at the time.

And in 2017 a couple of investors got involved, including Bain Capital, H.I.G. Bayside Capital, CQS, Avenue Capital and Blue Mountain Capital Management.

Chris-Craft sold to Winnebago

According to this article, Winnebago Industries Inc., proprietor of the RV brand Winnebago, has acquired Chris-Craft.

The seller is Stellican Ltd., which has owned Chris-Craft since 2001, and also owns the famous boat brand Riva.

With Chris-Craft Winnebago enters into the marine industry. It sees both, RVs and boats, as part of the outdoor lifestyle market.

Winnebago wants to invest in Chris-Craft. It also wants to expand and improve the dealer network, enter into new boat categories and sizes, and extend the brand by licensing. Chris-Craft dates back to 1874. And Winnebago started licensing its own brand a few years ago.

Google sells Zagat

Per Techcrunch, Google is selling the Zagat business.

In 2011 Google bought Zagat for US$151 million. Now it is selling the business to The Infatuation.

Prior to the internet Zagat was a leader as crowd-sourced restaurant guide. At least in NYC it was a must have.

Now it faces tough competition from websites like Yelp and Tridadvisor. And Google itself competes with Google Maps.

Nautica sold to ABG

According to this report, VF Corporation is selling its brand Nautica to the Authentic Brands Group, LLC.

Nautica is licensed among others for outerwear, watches, furniture, perfume, swim wear, home textile, accessories and underwear.

The acquisition will be finalized during the first half of 2018.

Bacardi acquires Patron Spirits International AG

Bacardi Ltd., owner of famous brands like Barcadi, Dewars, Martini, Bombay Sapphire, Grey Goose, and Molinari, acquires the owner of Patron Tequila.

The deal is valuing the company at US$5.1 billion.

Diageo Plc paid $1 billion to acquire George Clooney’s startup Casamigos in 2017. And Pernod Ricard SA acquired the Del Maguey brand in June.

While Becle SAB, producer of Jose Cuervo tequila, raised US$790 million in an initial public offering a year ago.

JAB acquires Dr. Pepper Snapple

Via Keurig Green Mountain Inc. JAB Holding will buy Dr Pepper Snapple Group Inc.

The transaction is valued at US$21+ billion.

Among the brands changing hands are Dr. Pepper, Snapple , 7UP, Sunkist, Orangina, and Schweppes.

Keurig Green Mountain was taken private by a JAB-led investor group, including Mondelez, for about US$13.9 billion in 2016.

It created a global coffee company owning brands like Peet’s Coffee & Tea, Inc. with the Godiva license, Jacobs, Kaffee Hag, Maxwell House, Tassimo, Onko, Carte Noire, Tassimo, Douwe Egberts, L’Or, and Senseo.