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

Daily Archive: November 21, 2017

The RNDC-Breakthru Deal: Challenges And Opportunities Ahead

Yesterday, Shanken News Daily exclusively reported that the nation’s second- and third-ranked wine and spirits wholesalers—Republic National Distributing Co. (RNDC) and Breakthru Beverage Group (BBG)—have agreed to merge to create a distribution giant with nearly $14 billion in annual revenue. Continue reading →

Posted in News on November 21, 2017

LVMH Takes 60% Stake In Napa Valley’s Colgin Cellars

Moët Hennessy Louis Vuitton has agreed to acquire a 60% stake in Napa Valley winery Colgin Cellars. Continue reading →

Posted in News on November 21, 2017

More On Liquor Stores NA’s U.S. Exit

Canada-based retail operator Liquor Stores NA announced yesterday that it would be selling off its interests in the lower 48 U.S. states to concentrate on its operations in Alberta, British Columbia and Alaska. Continue reading →

Posted in News on November 21, 2017

News Briefs for November 21, 2017

•Proximo Spirits is expanding its Irish whiskey portfolio with the launch of The Sexton Single Malt. Continue reading →

Posted in News on November 21, 2017