{"id":49746,"date":"2026-04-09T15:22:57","date_gmt":"2026-04-09T19:22:57","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/sazerac-eyes-potential-bid-for-jack-daniels-parent-company-brown-forman\/"},"modified":"2026-04-09T15:22:57","modified_gmt":"2026-04-09T19:22:57","slug":"sazerac-eyes-potential-bid-for-jack-daniels-parent-company-brown-forman","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/sazerac-eyes-potential-bid-for-jack-daniels-parent-company-brown-forman\/","title":{"rendered":"Sazerac Eyes Potential Bid for Jack Daniel&#8217;s Parent Company Brown-Forman"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"450\" height=\"300\" src=\"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775762577804.jpg?resize=450%2C300&#038;ssl=1\" alt=\"\" class=\"wp-image-49745\" srcset=\"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775762577804.jpg?w=450&amp;ssl=1 450w, https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775762577804.jpg?resize=300%2C200&amp;ssl=1 300w\" sizes=\"auto, (max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n<p>A major American spirits company is reportedly considering making a bid for the owner of Jack Daniel&#8217;s whiskey, according to industry sources.<\/p><p>Sazerac, a privately-owned beverage company, is examining the possibility of pursuing Brown-Forman in what could become a competitive situation with French spirits giant Pernod Ricard, which is already engaged in merger discussions with the whiskey maker.<\/p><p>News of Sazerac&#8217;s potential interest sent Brown-Forman stock soaring Thursday, climbing as much as 14.9% during trading. The shares have now increased by approximately one-third since initial reports emerged about Pernod&#8217;s interest in the company.<\/p><p>The Wall Street Journal first broke the story about Sazerac&#8217;s consideration of a possible deal earlier Thursday.<\/p><p>Pernod Ricard and Brown-Forman publicly announced in late March that they had entered into preliminary discussions regarding a potential combination. Such a merger would bring together the globe&#8217;s second-largest spirits company with America&#8217;s top whiskey producer.<\/p><p>Industry analyst Robert Moskow from TD Cowen suggested that additional distilled spirits companies might also show interest in Brown-Forman, citing the company&#8217;s &#8220;scarce-asset profile&#8221; and the powerful Jack Daniel&#8217;s brand.<\/p><p>Both Sazerac and Brown-Forman refused to provide comments when contacted by Reuters.<\/p><p>These acquisition discussions highlight the broader industry trend of spirits manufacturers seeking growth opportunities after an extended period of declining performance characterized by weakening consumer demand, rising costs, and trade-related challenges.<\/p><p>Growing health consciousness and the popularity of weight-loss medications have also pushed consumers toward alcohol-free options and energy beverages.<\/p><p>Additionally, younger consumers, especially Generation Z, are reducing their consumption of beer and spirits in certain markets.<\/p><p>Brown-Forman has remained under the ownership and control of the Brown family since the company&#8217;s establishment in 1870. The company previously turned down an acquisition attempt from beer company Constellation Brands in 2017.<\/p><p>In recent weeks, Brown-Forman reaffirmed its financial projections for fiscal 2026 despite facing headwinds from an unpredictable economic climate. The company has also experienced declining sales in crucial markets including the United States.<\/p><p>Sazerac, which originated from 17th-century Cognac in western France, is currently under the control of the Goldring family. The company&#8217;s portfolio includes Corazon Tequila and Svedka Vodka. Notably, Sazerac previously acquired several brands from Brown-Forman in 2016, including Southern Comfort and Tuaca.<\/p>","protected":false},"excerpt":{"rendered":"<p>American spirits company Sazerac is reportedly considering a potential acquisition of Brown-Forman, the maker of Jack Daniel&#8217;s whiskey. This would create competition for French company Pernod Ricard, which is already in merger discussions with Brown-Forman.<\/p>\n","protected":false},"author":4,"featured_media":49745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-49746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1775762577804.jpg?fit=450%2C300&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-cWm","jetpack-related-posts":[{"id":51676,"url":"https:\/\/tvdelmarva.com\/wp\/bourbon-company-sazerac-challenges-pernods-bid-for-jack-daniels-owner\/","url_meta":{"origin":49746,"position":0},"title":"Bourbon Company Sazerac Challenges Pernod&#8217;s Bid for Jack Daniel&#8217;s Owner","author":"Admin","date":"April 14, 2026","format":false,"excerpt":"Private bourbon distiller Sazerac has approached Brown-Forman about a potential merger, disrupting ongoing talks between the Jack Daniel's maker and French spirits giant Pernod-Ricard. Industry analysts believe Pernod remains the frontrunner due to its global distribution network and ability to offer a stock swap deal that would preserve some control\u2026","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776144136777.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":54919,"url":"https:\/\/tvdelmarva.com\/wp\/brown-forman-family-leans-toward-french-company-over-american-rival-in-sale\/","url_meta":{"origin":49746,"position":1},"title":"Brown-Forman Family Leans Toward French Company Over American Rival in Sale","author":"Admin","date":"April 20, 2026","format":false,"excerpt":"The controlling family of Jack Daniel's producer Brown-Forman reportedly prefers selling to French spirits company Pernod Ricard rather than American competitor Sazerac. Sources say the family views Pernod as more prestigious with stronger brands and better deal terms.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776698561292.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":52912,"url":"https:\/\/tvdelmarva.com\/wp\/french-spirits-giant-continues-merger-discussions-with-jack-daniels-owner\/","url_meta":{"origin":49746,"position":2},"title":"French Spirits Giant Continues Merger Discussions with Jack Daniel&#8217;s Owner","author":"Admin","date":"April 16, 2026","format":false,"excerpt":"French beverage company Pernod Ricard confirmed Thursday that merger discussions with American whiskey maker Brown-Forman remain active. The potential deal faces competition from another U.S. spirits company offering $15 billion for the Jack Daniel's producer.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776327826197.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":52618,"url":"https:\/\/tvdelmarva.com\/wp\/spirits-company-sazerac-makes-15-billion-bid-for-jack-daniels-owner\/","url_meta":{"origin":49746,"position":3},"title":"Spirits Company Sazerac Makes $15 Billion Bid for Jack Daniel&#8217;s Owner","author":"Admin","date":"April 15, 2026","format":false,"excerpt":"Private spirits company Sazerac has made a takeover offer worth approximately $15 billion for Brown-Forman, the company that owns the Jack Daniel's whiskey brand. The potential acquisition was reported by the Wall Street Journal on Wednesday, citing sources with knowledge of the proposal.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/04\/news-1776280982075.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":65963,"url":"https:\/\/tvdelmarva.com\/wp\/bourbon-giant-sazerac-backs-tiktok-stars-margarita-brand\/","url_meta":{"origin":49746,"position":4},"title":"Bourbon Giant Sazerac Backs TikTok Star&#8217;s Margarita Brand","author":"Admin","date":"May 13, 2026","format":false,"excerpt":"Major spirits company Sazerac has announced a financial investment in SIPMARGS, a canned margarita brand supported by TikTok influencer Alix Earle. The partnership includes an exclusive distribution deal as Sazerac continues targeting younger consumers.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1778678590819.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":65555,"url":"https:\/\/tvdelmarva.com\/wp\/jack-daniels-owner-turns-down-15-billion-buyout-bid\/","url_meta":{"origin":49746,"position":5},"title":"Jack Daniel&#8217;s Owner Turns Down $15 Billion Buyout Bid","author":"Admin","date":"May 12, 2026","format":false,"excerpt":"Brown-Forman Corporation has declined a massive acquisition proposal worth approximately $15 billion from competitor Sazerac. The whiskey industry giants were reportedly in discussions about the potential deal that would have created a major consolidation in the spirits market.","rel":"","context":"In &quot;Business&quot;","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/05\/news-1778617360648.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/49746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/comments?post=49746"}],"version-history":[{"count":0,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/posts\/49746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media\/49745"}],"wp:attachment":[{"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/media?parent=49746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/categories?post=49746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tvdelmarva.com\/wp\/wp-json\/wp\/v2\/tags?post=49746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}