Biggest winemaker in America buys Four Roses bourbon amid layoffs

E. & J. Gallo acquired Four Roses bourbon from Kirin in a deal reported up to $775 million, following recent layoffs and facility closures at Gallo.

E. & J. Gallo Winery announced it has acquired Kentucky bourbon maker Four Roses from Kirin Holdings in a deal reported to be worth up to $775 million. The announcement comes after a period in which Gallo reduced staff and closed production facilities, including a Napa Valley plant and other sites. Gallo said the Four Roses team will remain in place and described the move as part of expanding into premium spirits. A company spokesperson attributed recent layoffs to market dynamics, evolving consumer demand, and available capacity across wineries. Key facts: - Gallo acquired Four Roses from Kirin in a reported transaction of up to $775 million. - Gallo recently cut around 100 jobs and closed multiple production facilities, including a Napa Valley site. - Gallo said the Four Roses team will remain in place; the company has not detailed the next public steps for integration. Summary: The purchase represents a strategic shift for Gallo toward the premium spirits market while the company has been reducing staff and consolidating facilities. Undetermined at this time.