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Category Archive: News

Pennsylvania Senate Narrows Privatization Focus

Pennsylvania governor Tom Corbett’s push for total privatization of the state’s wine and spirits retail monopoly appears to be on ice, with state senators suggesting they could support some loosening of alcohol retail restrictions but not a mandatory sell-off of the state’s retail and wholesale infrastructure. Continue reading →

Posted in News on May 16, 2013

News Briefs for May 16, 2013

•South Africa’s wine crop has hit a record high, with the 2013 harvest estimated to total roughly 1.5 million tons, according to the South African Wine Industry Information and Systems (SAWIS) trade organization. Continue reading →

Posted in News on May 16, 2013

Craft Brewing And Distilling News for May 16, 2013

•Pawtucket, Rhode Island-based Foolproof Brewing Co. will expand into Massachusetts through a partnership with the Massachusetts Beverage Alliance (MBA). Continue reading →

Posted in News on May 16, 2013

Precept Helps Drive Northwest Wine Growth, Projecting 1 Million Cases In 2013

Thanks to a combination of acquisitions and organic growth, Northwest winemaker Precept Wine expects to pass the 1-million-case mark in 2013, co-founder and CEO Andrew Browne tells Shanken News Daily. Continue reading →

Posted in News on May 15, 2013

Bacchus Capital Makes Big Moves In Pacific Northwest

Bacchus Capital Management, a private equity firm with six wineries and brands in Oregon and California, is placing a big bet on wine in the Pacific Northwest with two new deals. Continue reading →

Posted in News on May 15, 2013

Diageo’s Open Offer For More USL Shares Attracts Few Takers

After agreeing to acquire 27.4% of India’s United Spirits Ltd. (USL) last November, Diageo had hoped to add another 26% through an open offer which closed April 26. Continue reading →

Posted in News on May 15, 2013

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