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Daily Archive: December 13, 2018

News Alert: Diageo To Build New Kentucky Distillery On $130 Million Investment

Diageo has announced that it will invest $130 million over three years in a new Kentucky-based distillery. It will have an initial capacity of approximately 10 million proof gallons. Continue reading →

Posted in News on December 13, 2018

Pernod Responds To Activist Investor Critique

Yesterday, activist investment fund Elliott Management Corp. took aim at the management of Pernod Ricard, in which it holds a 2.5% stake, urging the world’s second-largest spirits marketer to take steps to shed non-core assets and seek new perspectives on the business with the goal of expanding operating margins. Continue reading →

Posted in News on December 13, 2018

News Briefs for December 13, 2018

•Patrón Spirits president and CEO Ed Brown will retire at the end of the year, following Bacardi’s full acquisition of Patrón earlier this year. Continue reading →

Posted in News on December 13, 2018

Craft Brewing and Distilling News for December 13, 2018

•Craft beer veteran Adam Lambert has joined BrewDog USA as chief revenue officer. Continue reading →

Posted in News on December 13, 2018