Company Overview of SPI Group S.a.r.l.
SPI Group S.a.r.l. is engaged in the production, distribution, and retail of alcoholic beverages. The company offers spirits, vodka, wines, cider, raw alcohol, and other alcoholic drinks; and dry granular distillers grains. It is also engaged in the development of commercial and residential properties in Latvia. The company offers its products through its retail stores in Latvia and Lithuania; and distributors internationally. SPI Group S.a.r.l. was founded in 1997 and is based in Luxembourg with additional offices in Vilnius, Kaunas, Klaipeda, Panevezys, Siauliai, and Alytus, Lithuania.
3, rue du Fort Rheinsheim
Founded in 1997
Key Executives for SPI Group S.a.r.l.
Chief Executive Officer and Director
Chief Financial Officer and Director
Director and Chief Executive Officer of Baltics Business Unit
Chief Executive Officer of Achaval Ferrer
General Counsel and Director
Compensation as of Fiscal Year 2014.
SPI Group S.a.r.l. Key Developments
Brown-Forman Eyeing Whyte and Mackay’s Whisky Business
Apr 8 14
Brown-Forman Corporation (NYSE:BF.B) is planning to acquire Whyte and Mackay Limited’s whisky business and is said to be one of the potential buyers. The possible deal is expected to fetch around £350 million. United Spirits Limited (BSE:532432) is selling Whyte & Mackay, in order to satisfy competition concerns arising from Diageo's purchase of a controlling stake in the Indian drinks firm. SPI Group S.a.r.l., Gruppo Campari SpA, Lion Capital LLP, and TPG Capital Management are among the possible suitors. Other media have reported that Kohlberg Kravis Roberts & Co. (NYSE:KKR) was also bidding. Second-round bids are due on April 17, 2014.
Whyte & Mackay Attracts Bidders
Mar 12 14
Lion Capital LLP, Davide Campari - Milano SpA (BIT:CPR), TPG Capital, L.P., Vasari Global and SPI Group S.a.r.l. are among the likely bidders for Whyte and Mackay Limited, owned by United Spirits Limited (BSE:532432) and is expected to fetch about £350 million, according to sources familiar with the matter. The sources said first-round bids had been due earlier this week and second-round bids were due next month. Spokespeople for SPI, Campari, Lion and TPG declined to comment. United Spirits could not be immediately reached for comment. A spokeswoman for Vasari declined to comment.
SPI Group Seeks Acquisitions
Sep 28 13
SPI Group said that it is planning to grow its global wine portfolio through the acquisition of exclusive and premium wineries located throughout the world. It is currently evaluating opportunities in California, Spain, Portugal and Chile and plans to complete potential acquisitions in the next couple of years. Val Mendelev, Chief Executive Officer of SPI Group, said, “We are carefully evaluating multiple opportunities which will allow SPI to enrich its portfolio of jewel wines and develop this part of our company.”
Similar Private Companies By Industry
Recent Private Companies Transactions