Becle, S.A. De C.V. (Jose Cuervo) is looking for acquisition opportunities. Jose Cuervo will seek to raise more than $700 million in an initial public offering, with Temasek Holdings Ltd taking 20% of the offer, an investor presentation showed on January 25, 2017. Some 15% of the offering will be an "overallotment option" provided to international investors based on demand for the offer, whose proceeds will go toward general corporate purposes and potential acquisitions to fuel global expansion.
Becle SAB de CV is a Mexico-based company engaged in the beverages industry. The Company focuses on the production, bottling, trade and distribution of alcoholic and non-alcoholic beverages. Its offer includes various types of tequila distributed under own Jose Cuervo brand name, non-alcoholic drinks, ready-to-drink beverages, as well as other distilled alcohols distributed under third-party brand names, including Three Olives, Hangar 1, Stranahan's, Bushmills and Boodles. Its distribution chain comprises operations in the United States, Mexico and other countries. In addition, the Company is involved in the farming and processing of blue agave. The Company owns a number of subsidiaries, such as Tequila Cuervo la Rojena SA de CV, Casa Cuervo SA de CV and Azul Agricultra y Servicios SA de CV.
BECLE, S.A.B. DE C.V. 
