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

Codorníu Spurns Offer From Carlyle Group, But Says It’s Open To Selling A Minority Stake

On the heels of Henkell & Co.’s acquisition of a controlling stake in Freixenet, rival Cava producer Codorníu says it has rejected a buyout offer from the Carlyle Group but is considering selling a minority stake in the company. Continue reading →

Posted in News on April 20, 2018

News Briefs for April 20, 2018

•France-based AdVini has acquired a majority stake in South Africa’s Stellenbosch Vineyards for an undisclosed sum. Continue reading →

Posted in News on April 20, 2018

Craft Brewing and Distilling News for April 20, 2018

•Bend, Oregon-based Deschutes Brewery has altered its plan for a new Roanoke, Virginia brewery, owing to deceleration in the craft beer market. Continue reading →

Posted in News on April 20, 2018

Pernod Sees U.S. Sales Rise 3%, But Notes Market Deceleration

Pernod Ricard’s U.S. sales grew by 3% in the nine months through March, representing the first three quarters of the company’s fiscal year. Continue reading →

Posted in News on April 19, 2018

Wine Spectator: Iconic Napa Valley Winery Heitz Cellars Sold

The owners of Heitz Cellars, one of the dominant producers in Napa Valley during its formative years, a champion of single-vineyard expressions, and creator of one of Napa’s most distinctive and collectible wines, the Cabernet Sauvignon Martha’s Vineyard, have sold the winery to Gaylon Lawrence Jr. Continue reading →

Posted in News on April 19, 2018

Ste. Michelle Strikes New Five-Year Deals With RNDC In Nine Markets

Ste. Michelle Wine Estates has struck new five-year distribution deals with Republic National Distributing Company (RNDC) in nine markets: Louisiana, Maryland, Nebraska, North Dakota, Oklahoma, South Dakota, Texas, Virginia, and Washington, D.C. Continue reading →

Posted in News on April 19, 2018

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