Just Wines nabs drinks rival Beer Cartel in M&A deal
Online drinks retailer Just Wines has bought craft beer seller Beer Cartel and its Brewquets gifting brand, after earlier picking up administrators' sales Sans Drinks and Liquor Loot.
Company
Sydney, NSW
Every investor coverage indicates participated in a round Sans Drinks raised.
The transaction that ended Sans Drinks's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Just Wines | Acquisition | Aug 2023 | - | Startup Daily (8 Jul 2024), Startup Daily (25 Aug 2023) |
Companies Sans Drinks acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Irene Falcone | Founder | Startup Daily (25 Aug 2023), Startup Daily (25 Jul 2023), SmartCompany |
Stories naming Sans Drinks. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Online drinks retailer Just Wines has bought craft beer seller Beer Cartel and its Brewquets gifting brand, after earlier picking up administrators' sales Sans Drinks and Liquor Loot.
Irene Falcone's non-alcoholic drinks retailer Sans Drinks has been sold to Just Wines via a creditor-approved rescue deal after entering administration, securing better returns for creditors than liquidation.
Also Startup Daily
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