Au Vodka Reportedly in £500m Takeover Talks with BuzzBallz Owner
1-Minute Brief
A potential £500m acquisition of Au Vodka highlights the growing value of UK spirits brands in global markets.
Key Facts
- Au Vodka is reportedly in talks over a £500m sale to the owner of BuzzBallz.
- Charlie Morgan, co-owner of Au Vodka, gained public attention in 2013 after an incident involving a Chelsea footballer.
- Charlie Morgan co-founded Au Vodka with Jackson Quinn.
- The Independent reports that the £500m takeover has been agreed.
- Charlie Morgan was a Swansea City ballboy who made headlines in 2013.
What Happened
Au Vodka, co-founded by Charlie Morgan and Jackson Quinn, is reportedly in discussions for a £500m sale to the owner of BuzzBallz, according to multiple sources.
Why It Matters
The potential acquisition underscores the increasing prominence and valuation of UK-based spirits companies within the international beverage industry. Reports vary on whether the takeover is agreed or still in talks.
What's Next
Further details on the progress or completion of the reported sale may be announced by the companies involved.
Sources
Confirmed by 2 independent sources
- BBC NewsCenter5h agoAu Vodka in talks over £500m sale to BuzzBallz owner
- The IndependentLeft2h agoVodka brand founded by ballboy kicked by Eden Hazard agrees £500m takeover
