USA: E&J Gallo to invest $423 million in new plant
US wine firm E&J Gallo has announced plans to build a new $423 million production facility and distribution centre site in Chester County, SC, to support future business growth. The new plant will provide bottling and canning capacity, as well as warehousing and distribution, for the company’s portfolio of wine and spirit brands. Construction is […]
Australia: Mighty Craft to purchase Adelaide Hills Group
Australian craft drinks firm Mighty Craft is set to add the Adelaide Hills Distillery, Mismatch Brewing, and Hills Cider brands to its portfolio through the acquisition of alcoholic drinks firm Adelaide Hills Group, in a deal worth A$47 million ($36 million). The Adelaide Hills Distillery’s range includes gins and Australian whisky under the 78 Degrees […]
USA: Beam Suntory and Edrington to end joint venture
Japanese-American world leader in premium spirits firm Beam Suntory and Scotland-based ultra-premium spirits company Edrington have closed an agreement for an equity swap, ending their joint venture. According to Beam Suntory’s press release, Beam Suntory will assume Edrington’s stake in Maxxium Spain, and Edrington will assume Beam Suntory’s stake in Edrington-Beam Suntory UK, via an […]
USA: Anheuser-Busch to signs distribution agreement for RTD cocktails Canteen Spirits
Ready-to-drink cocktail company Canteen Spirits has signed a distribution agreement with American leading brewer Anheuser-Busch and investment from the company’s investment and innovation group, ZX Ventures. Founded in 2019, Canteen Spirits is a manufacturer of no sugar, low carbs, and low ABVs drink brands such as Canteen, vodka-based cocktails, and Cantina, a tequila-based drinks. Fabricio […]
USA: Green Hygienics to acquire Bohemian Beverage
Green Hygienics Holdings Inc, a company that focuses on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical grade-bioactive cannabinoids, has announced the letter of intent (LOI) to acquire the Bohemian Beverage Co. Bohemian Beverage Co. has a portfolio of twenty beverage brands, including CBD-infused teas, kombuchas, beers, ciders, ready-to-drink cocktails, […]
USA: Diageo acquires Loyal 9 Cocktails
Leading North America alcoholic drinks firm Diageo has announced the acquisition of Loyal 9 Cocktails, a spirits-based ready to drink brand from Sons of Liberty Spirits Company. According to Diageo’s statement, Loyal 9 is ‘rapidly growing’, producing vodka-based drinks featuring indulgent flavours with high-quality ingredients and 100% real fruit. Debra Crew, president of Diageo North […]
USA: Diageo to invest $80 million in expansion plans
Leading North America alcoholic drinks firm Diageo has announced plans to expand its manufacturing footprint and install two high-speed can lines at a new facility in Plainfield, Illinois. The expansion project will need an investment of nearly $80 million, which will increase Diageo’s capacity to over 25 million cases of RTDs per year, including a […]
USA: Diageo set to buy RTD Ranch Water brand
Diageo, the leading alcoholic drinks firm, has announced the acquisition of beverage producer Far West Spirits, for an undisclosed amount. Far West Spirits produces the Lone River ‘Ranch Water’ brand, an RTD beverage producer known for drawing inspiration from the classic Texan ‘Ranch Water’ cocktail. The Ranch Water agave-flavoured range includes Original, Spicy, and Rio […]
USA: 1776 Spirits Company acquires American Harvest Vodka and Beach Whiskey
Darco Capital, via the newly-formed 1776 Spirits Company, has announced it has acquired the spirit brands American Harvest Vodka and Beach Whiskey. The new company said it intended to provide the infrastructure and resources to market the brands, distribute and expand distribution, and develop innovative products. Rebecca Running, CEO of 1776 Spiritsm said: “American Harvest Vodka […]
UK: Heineken to take ownership of Brixton Brewery
Multinational brewer Heineken has announced the full acquisition of Brixton Brewery for an undisclosed sum. The acquisition comes three years after Heineken bought a 49% stake in the firm. According to sources, the founders of Brixton Brewery will continue leading the company operations. Jez Galaun, founder of Brixton Brewery commented: “When we look back over […]