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Category Archive: News

Diageo To Launch New $1.9 Billion Offer To Raise Its Stake In USL To 55%

Diageo says it will offer up to $1.9 billion to shareholders of Indian spirits giant United Spirits Ltd. (USL) to raise its stake in the company from 28.8% to 54.8%. Continue reading →

Posted in News on April 15, 2014

Campari Buys Averna, Bolstering Leadership In Italian Bitters-Liqueurs Segment

Gruppo Campari has acquired 100% of Italian distiller Fratelli Averna for €103.75 million ($143.4m). Continue reading →

Posted in News on April 15, 2014

News Briefs for April 15, 2014

•Heaven Hill Distilleries has revamped the packaging for its Rittenhouse Bottled-In-Bond Straight Rye Whisky. Continue reading →

Posted in News on April 15, 2014

Craft Brewing and Distilling News for April 15, 2014

•California’s Monument Valley Distillers has released Duke Kentucky Straight Bourbon, a new craft whiskey named for film star John Wayne. Continue reading →

Posted in News on April 15, 2014

Boston Beer’s Angry Orchard Vaults To The Top Of Rising Cider Category

While Boston Beer remains a driving force behind the U.S. market’s tilt toward “better beer,” one of its best performing brands belongs to another, equally dynamic category. Continue reading →

Posted in News on April 14, 2014

Martin Wine Cellar To Rebuild Katrina-Damaged New Orleans Store

Martin Wine Cellar is rebuilding its Baronne Street store in the Uptown neighborhood of New Orleans, the retailer’s founding location which was destroyed by Hurricane Katrina in 2005. Continue reading →

Posted in News on April 14, 2014

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