Tito's Handmade Vodka Expands Family with LALO Tequila Deal
Celebrating the Union of Two Iconic Spirit Brands
In a significant development for the spirits industry, Tito's Handmade Vodka has announced its acquisition of LALO Tequila, a brand that embodies family tradition and craftsmanship. This partnership signifies the coming together of two esteemed brands that originated in the same vibrant city, reflecting their shared values and dedication to quality.
The Heritage Behind LALO Tequila
Co-founded by Eduardo "Lalo" González, David "R" Carballido, and Jim McDermott, LALO Tequila pays tribute to three generations of tequila-making heritage. The distillation process features just three ingredients: mature Highland agave, mineral-rich well water from Jalisco's soil, and a specially selected champagne yeast, resulting in a distinct blanco tequila that is gaining popularity nationwide.
Crafting Distinctive Spirits
Eduardo González emphasizes the importance of craft in their production, stating that their approach to tequila is about preserving authenticity while achieving modern finesse. Each bottle of LALO reflects this commitment, presenting a clear and pure flavor that resonates well with consumers.
Shared Values and Commitment to Quality
Tito Beveridge, the founder of Tito's Handmade Vodka, expressed his admiration for LALO's development, noting the integrity with which they operate. "They care about the juice; they keep it simple and do it right," said Beveridge, affirming the natural alignment between the two brands.
Strategic Benefits of the Acquisition
The collaboration will enable LALO to tap into Tito's extensive distribution network, enhancing their ability to scale beyond local markets. Through this partnership, LALO is poised to introduce its unique tequila to a global audience.
Looking Toward the Future
As part of the deal, Lalo González will remain closely involved in the production process, ensuring that the brand retains its essence and the familial legacy continues. This relationship is not merely a business transaction; it's about maintaining the integrity of the brand while reaching for new growth opportunities.
Fostering Community and Cultural Heritage
González believes this partnership allows them to share their Mexican heritage and connect with broader audiences. With Tito's in their corner, they feel empowered to showcase their craftsmanship and rich cultural background through their spirit.
A New Chapter in Tito's Story
This acquisition heralds a new era for Tito's Handmade Vodka as it marks the company’s first strategic acquisition. The partnership is firmly rooted in mutual respect and collaboration, focusing on producing exemplary products that reflect both brands’ dedication to quality.
Financial Guidance in the Acquisition
PJT Partners provided financial advice to Tito's, while DLA Piper offered legal counsel. Similarly, Perella Weinberg acted as a financial advisor for LALO, with Wilson Sonsini Goodrich & Rosati handling the legal aspects for them.
About Tito's Handmade Vodka
Tito's Handmade Vodka began its journey in the mid-1990s when Bert "Tito" Beveridge, a sixth-generation Texan, set up a small distillery in Austin. Today, it has become a recognized and beloved brand known for its gluten-free, corn-based vodka, which is distilled and bottled with pride.
About LALO Tequila
LALO Tequila, founded by the childhood friends González and Carballido, is dedicated to producing tequila that honors Mexican tradition. Their careful selection of ingredients and commitment to quality makes LALO a standout in the tequila market.
Frequently Asked Questions
What led to the acquisition of LALO Tequila by Tito's Handmade Vodka?
The acquisition was motivated by a shared commitment to quality and tradition in spirits, allowing both brands to expand their reach together.
Who are the founders of LALO Tequila?
LALO Tequila was co-founded by Eduardo "Lalo" González, David "R" Carballido, and Jim McDermott.
How does this partnership impact LALO Tequila's distribution?
The partnership provides LALO Tequila with strategic sales support and access to a broader distribution network, facilitating its growth.
What is the significance of this acquisition for Tito's Handmade Vodka?
This marks the first strategic acquisition for Tito's, highlighting their growth and adaptability in the spirits market.
What distinguishes LALO Tequila from other tequila brands?
LALO Tequila focuses on using pure, high-quality ingredients and follows traditional methods to ensure an exceptional taste and experience.
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