Monthly Archives: January 2018

January 24

Bacardi buys Patron at $5.1 Billion

Bacardi buys Patron at $5.1 Billion. This week, Bacardi announced that it has agreed to acquire 100% of Patrón Spirits at $5.1 billion. This deal comes 10 years after Bacardi first took a 30 percent stake in Patrón. Adding the Patrón lineup is a game-changer for Bacardi. This deal will make Bacardi the second-largest U.S. […]