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Daily Archive: June 29, 2012

ABI Pays $20B For Remaining 50% Modelo Stake, As Constellation Makes Deal To Retain U.S. Rights

Anheuser-Busch InBev (ABI) has agreed to acquire the 50% stake in Mexico’s Grupo Modelo that it doesn’t already own, in a $20 billion deal that creates a global brewing colossus with annual beer sales of around 400 million cases and nearly $50 billion in yearly revenue. Continue reading →

Posted in News on June 29, 2012

Constellation Snags Rising Pinot Brand Mark West From Purple Wine Co.

Constellation Brands has acquired Impact “Hot Brand” Mark West from Purple Wine Co. for an undisclosed sum. Continue reading →

Posted in News on June 29, 2012

News Briefs for June 29, 2012

•Bordeaux third-growth Château Calon-Ségur is rumored to have been sold to a new, as yet unknown, French owner, for an estimated $212.5 million, reports Wine Spectator. Continue reading →

Posted in News on June 29, 2012

NEW: Craft Brewing And Distilling News for June 29, 2012

•Chico, California-based Sierra Nevada has announced the lineup for its 2012 Beer Camp Variety Pack, which is set to hit retail shelves by early to mid-August. Continue reading →

Posted in News on June 29, 2012