Heritage Distilling is a leading craft distiller of innovative premium brands; Better World is an ESG-focused special purpose acquisition company. The merger is expected to close in in Q2 2023.
In a statement about the merger, Better World says:
As a result of the business combination, Heritage expects to become one of the only publicly-traded, pure play craft distilleries. The proposed transaction combines Heritage's brands with Better World's consumer products and beverage expertise. Better World brings marketing, finance and capital markets experience that the parties believe will accelerate the growth of Heritage's business.
In the statement, Heritage co-founder and CEO
"Heritage was built on a foundation of innovation, which has enabled us to become one of the most awarded craft spirits distilleries in
Heritage was represented in the deal by
Read the full statement from Heritage using the link below.
Resources
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Better World Acquisition Corp. ]Better World Acquisition Corp. Announces Business Combination Transaction WithHeritage Distilling Holding Company, Inc.
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