Daily Archive: April 23, 2012
Pinnacle May Become Beam’s Biggest-Volume Brand By Year-End
Beam Inc.’s announcement this morning that it will pay $605 million to acquire Pinnacle vodka and Calico Jack rum from White Rock Distilleries has instantly transformed it into a leading vodka player in the U.S.—and Pinnacle also could become Beam’s biggest-volume brand in the U.S. market by year-end, overtaking its flagship Bourbon. Continue reading →
Posted in News on April 23, 2012Wine Nation Store Opens in Connecticut
Tom Trone’s second Wine Nation liquor store has opened in Norwalk, Connecticut. Continue reading →
Posted in News on April 23, 2012News Briefs for April 23, 2012
•After months of talks, Russian Standard has secured a deal to increase its stake in rival vodka producer Central European Distribution Corp. from 9.9% to 28% for up to $310 million. Continue reading →
Posted in News on April 23, 2012