Exclusive news and research on the wine, spirits and beer business

Daily Archive: July 9, 2015

Exclusive: Lee Einsidler Leaving Sidney Frank To Head Up Import Company For Casamigos

Lee Einsidler, longtime CEO of Sidney Frank Importing, is leaving to head up a new company, Casamigos Importing, which will be the exclusive national importer and marketer of Casamigos Tequila, formerly represented by Sidney Frank. Continue reading →

Posted in News on July 9, 2015

Bacardi Takes Control Of Leblon Cachaça, As Dealmaking Continues

Bacardi has acquired full ownership of Leblon, the cachaça brand in which it has held a minority stake since 2007. Continue reading →

Posted in News on July 9, 2015

Wine Spectator: New Zealand’s Yealands Wine Group Sells Majority Share for $60 Million

Marlborough Lines, a New Zealand electricity company, is investing $60 million in Yealands Wine Group, one of the country’s largest wine producers, purchasing an 80% stake. Continue reading →

Posted in News on July 9, 2015

News Briefs for July 9, 2015

•Following the $9.2 billion merger of grocery giants Albertsons and Safeway by a group led by Cerberus Capital Management in January, the combined entity—operating as Albertsons Cos. Inc.—has filed plans for an initial public offering estimated at a preliminary $100 million. Continue reading →

Posted in News on July 9, 2015

Craft Brewing and Distilling News for July 9, 2015

•Hawaii-based Kona Brewing Company, part of Craft Brew Alliance (CBA), has seen sales of its Big Wave Golden Ale jump 66.2% over the past year, according to IRI data. Continue reading →

Posted in News on July 9, 2015