AJ Bond Acquired by Sazerac | Consumer M&A Deal

Sazerac has acquired AJ Bond, a consumer other business in Tennessee, for $39.99. AJ Bond is Sazerac’s first Tennessee whiskey brand, produced at an AJ Bond distillery in La Vergne, Tennessee, and designed to expand the company’s whiskey lineup. The 95-proof spirit is positioned for a nationwide rollout later this year, with flavor notes including wedding cake and caramel corn. The platform acquisition is a strategic acquisition by Sazerac, adding a new Tennessee whiskey category entry alongside its existing whiskey and spirits brands.