USA: New Belgium Brewing to acquire brewery from Constellation Brands
US craft brewer New Belgium Brewing has announced that the company has reached an agreement to purchase a manufacturing brewery in Daleville (VA) that is currently owned by Constellation Brands. In a press release, New Belgium Brewing claimed additional product capacity was needed to meet growing demand for its craft beer, which includes America’s number one […]
USA: Pernod Ricard to acquire majority stake in Skrewball whiskey
Wine and spirits multinational Pernod Ricard has announced that the company has signed an agreement to acquire a majority stake in Skrewball, a producer of flavoured whiskey Skrewball was founded in 2018 and produces a peanut butter whiskey that is now available in the US, Canada and the Caribbean. “Skrewball has proven its uniqueness and […]
Mexico: Casa Maestri to acquire Bellagave Infused Tequila
Mexican tequila distillery Casa Maestri is to acquire Bellagave Infused Tequila, a 100% blue agave tequila brand, for an undisclosed sum, according to a FoodBev report. The acquisition, which will expand Casa Maestri’s portfolio of premium tequila brands, comes a month after the firm acquired Santera Tequila, a blue weber agave tequila line. “It’s a […]
Brazil: Diageo opens new distribution centre
Alcoholic drinks firm Diageo has announced the opening of a new distribution centre in the city of Extrema in Brazil’s Minais Gerais state. The centre, which opened its doors on 2nd February, is intended to consolidate operations from three other facilities and will be responsible for supplying 60% of national demand, according to sources. The […]
Philippines: Diageo to acquire Don Papa Rum
Diageo, the leading alcoholic drinks company, has reached an agreement to acquire Don Papa Rum, a super-premium, dark rum from the Philippines. In a press release, Diageo said the acquisition involved an upfront consideration of €260 million ($282 million) with a further potential consideration of up to €177.5 million ($192.5 million) through to 2028 subject […]
Australia: Endeavour Group to acquire Cape Mentelle Winery
Endeavour Group, which claims to be Australia’s leading retail drinks and hospitality business, has announced it has reached an agreement with global alcoholic drinks firm Moet Hennessy to acquire winemaker Cape Mentelle Winery. Located in Western Australia’s Margaret River, Cape Mentelle Winery was established in 1970 as one of the founding five wineries of The […]
Colombia: AB InBev to invest $413million in new Colombia brewery
Bavaria, local AB InBev brewer, has announced the investment of $413 million in the construction of a new brewery in the municipality of Palmar de Varela in Colombia. The brewery plans to begin operational by mid-2024 expecting to generate 350 direct jobs and 7,000 indirect job. The facility will produce beer brands such as Aguila, […]
Denmark: Royal Unibrew to acquire Norrebro Bryghus microbrewery
Brewing and beverage company Royal Unibrew has expand its portfolio with the acquisition of the Danish microbrewery Norrebro Bryghus. “We have found a new owner who we believe can continue the Norrebro Bryghus brand and the business we have built up over two decades,” said Martin Thomsen, managing director and co-owner of Norrebro Bryghus. “We […]
Netherlands: Refresco to complete acquisition of alcoholic beverage Avandis
Global independent beverage solutions provider Refresco has acquired Avandis, a manufacturer of alcoholic beverages, from cocktails spirits companies Lucas Bols N.V. and De Kuyper Royal Distillers. With the acquisition, Refresco will expand the offering in the alcoholic category in Europe and according to company’s press release, the company is now a step closer to achieve […]
France: Pernod Ricard to acquire majority stake in Cockorico brand
Wine and spirits multinational Pernod Ricard has announced the acquisition of a majority stake in start-up Cockorico, a French brand specialising in ready-to-serve cocktails. Founded in Lyon in 2019 by three spirits and hospitality business experts, the brand makes a range of premium pre-mixed, ready-to-serve bottled cocktails. “We are delighted to begin this partnership with […]