Monthly Archive: December 2011
MillerCoors’s Long Aims To Grow Tenth & Blake By 60% Over Three Years
MillerCoors CEO Tom Long says he expects the brewing giant’s Tenth & Blake craft and import unit—which includes Blue Moon, Leinenkugel and Peroni—to grow by about 60% over the next three years, and that more brands may be added to Tenth & Blake’s stable. Continue reading →
Posted in News on December 19, 2011News Briefs for December 19, 2011
•Nightlife and hospitality firm Tao Group has purchased two New York City venues—Hiro Ballroom and Japanese restaurant Matsuri—from Maritime Hotel owners Eric Goode and Sean Macpherson, Eater NY reports. Continue reading →
Posted in News on December 19, 2011Beam To Acquire Cooley For $95 Million, Boosting Competition In Irish Whiskey Category
For the past year, speculation has swirled about Beam Inc. being a takeover target, but earlier today, the company made a major move of its own by agreeing to acquire Ireland’s Cooley Distillery. Continue reading →
Posted in News on December 16, 2011Landry’s Inc.’s Fertitta Acquires 100% Of Morton’s Restaurant Group
Landry’s Inc. CEO Tilman Fertitta has agreed to acquire 100% of Morton’s Restaurant Group, Inc. for $6.90 a share, valuing the deal at approximately $117 million. Continue reading →
Posted in News on December 16, 2011News Briefs for December 16, 2011
•Diageo has released a new ad campaign for ultra-premium Cîroc vodka, featuring spokesman and musician Sean “Diddy” Combs, under the tagline “Luck Be a Lady.” Continue reading →
Posted in News on December 16, 2011Russian Standard Enters International Wine Business With 70% Stake In Italy’s Gancia
Russian Standard, best known as Russia’s leading premium vodka marketer and a top Russian spirits importer and distributor, has entered the global wine business, purchasing a 70% stake in Canelli, Italy-based Gancia for an undisclosed sum. Continue reading →
Posted in News on December 15, 2011