Southern Wine & Spirits has reached an agreement to acquire Sterling Distributing Company of Nebraska, in a deal that gains Southern entry into one of the few non-franchise markets where it hasn’t been present. Continue reading →Posted in News on February 10, 2016
Brown-Forman is introducing a new Jack Daniel’s Single Barrel Rye whiskey into national distribution this month. Continue reading →Posted in News on February 10, 2016
•Japan’s Asahi has lined up a $2.9 billion offer for the Peroni and Grolsch beer brands that have been put up for sale by AB InBev to help ease regulatory approval for its pending $107 billion acquisition of SABMiller. Continue reading →Posted in News on February 10, 2016
•Sebastopol, California-based Ace Cider has invested $1 million in its operations as part of an effort to double its capacity to meet rising demand. Continue reading →Posted in News on February 10, 2016
Founded in 2007, Boston-based Latitude Beverage Co. has seen rapid growth for its flagship negoçiant wine brand 90+ Cellars, which has more than doubled to 280,000 cases over the past three years, according to Impact Databank. Sourcing wine from surplus supplies of wineries with histories of 90+ ratings, the brand’s lineup features 35 red, white, rosé and sparkling wines in total, retailing from $9-$25 and up. SND assistant editor Kimberly Carmichael recently spoke with Latitude co-founder and president Kevin Mehra to see where the company is headed in 2016.
Constellation Brands has added a new Black Pinot Noir extension to the Mark West brand line. Continue reading →Posted in News on February 9, 2016