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

Daily Archive: November 11, 2016

Empire Excoriates Breakthru Offer, Calling It An “Outrageous Publicity Stunt”

Hours after Breakthru Beverage Group made what it termed an “aggressive and substantial” offer for Empire Merchants, Empire said it wasn’t for sale—and excoriated Breakthru’s play in an exclusive statement to SND. Continue reading →

Posted in News on November 11, 2016

Breakthru Makes Offer For Empire Amid Controversy

Breakthru Beverage Group has made an offer to acquire New York’s Empire Merchants, in a blockbuster move that would make Breakthru the U.S. market’s second-largest spirits and wine distributor.  Continue reading →

Posted in News on November 11, 2016

Beam Suntory Chairman Denies Discord With Suntory Holdings As Integration Continues

Speaking in New York yesterday, Beam Suntory chairman and CEO Matt Shattock said press reports of tension between the Beam and Suntory management teams over the summer were “overblown,” and predicted bright skies ahead for the company. Continue reading →

Posted in News on November 11, 2016

News Briefs for November 11, 2016

•Diageo’s Ketel One is introducing an on-pack virtual reality kit this holiday season. Continue reading →

Posted in News on November 11, 2016