USA: Gallo Winery acquires Germain-Robin
Gallo Winery, a wine, spirits and FAB producer, has announced the acquisition of Germain-Robin, a luxury brandy from California, USA. The deal includes the Germain-Robin brand, inventory of aged and aging brandies and all finished products. Founded by Ansley Coale and Hubert Germain-Robin, Germain-Robin is claimed to have innovated by blending cognac traditions and techniques with California […]
Russia: AB InBev merges operations with Anadolu Efes
Global beer giant AB InBev has announced that it is merging operations in Russia and Ukraine with Turkish brewer Anadolu Efes. Reuters reports that the two companies are seeking to strengthen their position in a declining beer market, with sales having dipped following increasing regulation and taxes imposed by the Russian government. The announcement of […]
USA: Brynwood Partners acquires Cold Spring Brewing
Minnesota, US based beverage maker Cold Spring Brewing has been acquired by Brynwood Partners, as the private equity firm further expands its portfolio of consumer brands. Founded in 1874, Cold Spring Brewing produces non-alcoholic and alcoholic beverages and beer for other companies’ brands and retailer private labels, as well as brewing beer under their own […]
USA: Constellation Brands acquires Funky Buddha
Constellation Brands, the leading wine, beer and spirits firm, has announced the acquisition of Florida-based craft brewer Funky Buddha. Funky Buddha is described as the fastest growing craft brewery in Florida, with brands including Floridian Hefeweizen and Hop Gun IPA. The firm’s 54,000 sq ft brewery has a capacity of 45,000 BBLs, and is said to be South […]
Japan: Sapporo purchases Anchor Brewing
Japan’s leading brewer Sapporo has acquired US firm Anchor Brewing for $85 million. Described as one of the US’s original craft breweries, Anchor Brewing was founded in San Francisco in 1896 and is now the 22nd largest in the country, according to the Brewers Association, generating $33 million in revenue in 2016. Many of Japan’s […]
Italy: Campari sells Carolans and Irish Mist to Heaven Hill Brands
Campari, the Italian wine and spirits firm, has announced that it has reached an agreement to sell the Carolans and Irish Mist liqueur brands to Heaven Hill Brands, America’s largest independent family-owned and operated distilled-spirits company, for $165 million. According to Campari, the sale of 100% of the share capital was made through TJ Carolan […]
USA: Agave Loco launches FrappaChata alcoholic iced coffee
Alcohol beverage maker Agave Loco has announced a new line of ready-to-drink alcoholic iced coffee under the FrappaChata brand name n the USA. The arabica and robusta based coffee drinks, blended with RumChata cream liqueur, offer “a rich, dark roast coffee flavour highlighted by the sweet smooth taste of RumChata”, and are claimed to be […]
UK: Pernod Ricard divests Glenallachie whisky brand
Pernod Ricard, the global wine and spirits firm, has announced the disposal of its Glenvallachie whisky brand to a consortium of Scotch whisky executives through its Chivas Brothers subsidiary. The transaction includes the Glenallachie single malt brand and the MacNair’s and White Heather blended scotch brands, as well as relevant inventories, Pernod Ricard said in […]
Brazil: Ambev launches Livramento alcoholic drink
Brazilian beverage producer Ambev has introduced a new alcoholic drink inspired by flavours from the northeast of Brazil, named Livramento (‘Deliverance’). Produced in the northeast of Brazil and described by being inspired by the culture of the region, the new lightly sparkling drink is available in the flavours of Honey & Lime and Catuaba (a […]
USA: Diageo acquires tequila brand Casamigos for $1bn
Global beverage giant Diageo has confirmed the acquisition of Casamigos, a “super-premium” tequila brand for $1 billion. Casamiro was founded in 2013, and is described by Diageo as the fastest growing tequila brand in the US, increasinb sales by 54% over the last two years. The transaction, where is expected to close in the second […]