Monthly Archive: April 2013
News Briefs for April 8, 2013
•Central European Distribution Corp. (CEDC) is moving forward with a pre-packaged bankruptcy that will see it eliminate $665.2 million from its balance sheet. Continue reading →
Posted in News on April 8, 2013Interview, Part Two: John Grant, Managing Director, Beringer at Treasury Wine Estates
This second part of SND’s interview with John Grant, Treasury Wine’s managing director for the Beringer business unit, looks at the untapped export potential for California wine across Asia and other global markets—and how Treasury plans to seize that opportunity in the coming years. Continue reading →
Posted in News on April 5, 2013Wine Spectator’s Grand Tour To Visit San Francisco, Las Vegas And Chicago
Wine Spectator’s Grand Tour tasting event will hit three U.S. cities in the coming weeks. Continue reading →
Posted in News on April 5, 2013Private Label Winemaker Truett-Hurst Seeks $42 Million In IPO
Sonoma-based winery Truett-Hurst is poised to go public, announcing plans this week for an initial public offering on Nasdaq of 2.25 million shares valued around $42 million. Continue reading →
Posted in News on April 5, 2013News Briefs for April 5, 2013
•Anheuser-Busch InBev (ABI) is reportedly nearing a settlement with the U.S. Department of Justice (DOJ) regarding its plan to purchase the 50% of Grupo Modelo it doesn’t yet own. Continue reading →
Posted in News on April 5, 2013Interview, Part One: John Grant, Managing Director, Beringer at Treasury Wine Estates
After a 20-year career in the wine industry that included a tenure as president of Constellation Wines Australia and senior leadership roles at Kendall-Jackson and Lion Nathan, John Grant became managing director of Treasury Wine Estates’ Beringer unit last summer. In addition to Beringer, Grant oversees the Chateau St. Jean, Etude, Stags’ Leap, Be. and Castello di Gabbiano brands, among others, on a global basis. In this first part of a two-part interview, Grant discusses the progress of recent new products from the Beringer unit, as well as Treasury’s vision for its California business. Continue reading →
Posted in News on April 4, 2013