Constellation Brands, E. & J. Gallo Winery sign revised deal to address FTC concerns

(adsbygoogle = window.adsbygoogle || []).push({}); US drinks companies Constellation Brands and E. & J. Gallo Winery have agreed to revise their previously announced $1.7 billion deal in order to address regulatory concerns, as per the latest drinks acquisition news. Constellation Brands said that the revisions to the transaction More...

by businessnewstoday | Published 2 days ago
By businessnewstoday On Thursday, December 5th, 2019

BJ’s Wholesale Club launches Wellsley Farms premium spirits

BJ’s Wholesale Club, a US membership-only warehouse club chain, has announced the availability of a premium spirits collection from its exclusive Wellsley Farms brand. The retailer said that its members can More...

By businessnewstoday On Wednesday, November 27th, 2019

TA Associates invests in Taiwanese tea brand Gong cha

Taiwanese tea brand Gong cha Group has closed an undisclosed investment from global growth private equity firm TA Associates. Established in 2006, Gong cha offers tea, products, and services by procuring ingredients More...

By businessnewstoday On Wednesday, November 13th, 2019

AB InBev to take 100% stake in craft beers producer Craft Brew Alliance

AB InBev acquisition of Craft Brew Alliance : Belgian drinks giant Anheuser-Busch InBev (AB InBev) has agreed to take full ownership in Portland-based craft brewing company Craft Brew Alliance (CBA) in a deal worth More...

By businessnewstoday On Thursday, October 10th, 2019

Stolen Spirits launches Stolen X 100ml cans across US

Stolen Spirits, which launched Stolen X 11-year-old single-grain whiskey earlier this year in 1L and 750ml bottles, is extending the range with 100ml cans. The company is said to be keen to tap into the accelerating More...

By businessnewstoday On Wednesday, October 9th, 2019

Pernod Ricard acquires Castle Brands for $223m

Pernod Ricard acquisition of Castle Brands : French alcoholic drinks producer Pernod Ricard has wrapped up its previously announced $223 million acquisition of US-based Castle Brands, the owner of Jefferson’s More...

By Raghuram Kadari On Saturday, September 28th, 2019

SBD Capital to acquire Canadian cannabis beverage company Drip Beverages

SBD Capital acquisition of Drip Beverages : SBD Capital, a publicly-traded company, has issued a non-binding letter of intent to acquire Canada-based cannabis beverage and lifestyle brand Drip Beverages, as per More...

By Raghuram Kadari On Thursday, September 19th, 2019

Coca Cola HBC to acquire Italian beverage company Lurisia for US$97m

Coca Cola HBC acquisition of Lurisia : Coca Cola Hellenic Bottling Company (Coca Cola HBC), a Swiss bottling partner of The Coca‑Cola, has agreed to acquire Lurisia, an Italian natural mineral water and adult More...

By Raghuram Kadari On Tuesday, September 17th, 2019

Carlton & United Breweries acquires Riot Wine, expands portfolio

Carlton & United Breweries acquisition of Riot Wine : Anheuser-Busch InBev (AB InBev) subsidiary Carlton & United Breweries (CUB) has acquired Australian canned wine company Riot Wine for an undisclosed More...

By Raghuram Kadari On Wednesday, September 4th, 2019

Apothic Wines launches limited-edition Apothic Sparkling Red in US

Apothic Wines has rolled out its first-ever limited-edition Apothic Sparkling Red for red wine lovers in the US, as per the latest drinks industry news. The scarlet sparkler was masterfully crafted to be surprisingly More...