Monthly Archive: January 2016
Exclusive: TWE Launches Treasury Chateau & Estate To Handle Luxury Import Stable
Following Treasury Wine Estates’ $600 million deal to acquire most of Diageo’s wine business late last year, SND has learned that TWE will also take on U.S. import rights for a number of prestigious European brands that Diageo formerly handled.
News Briefs for January 15, 2016
•Suntory Holdings president and CEO Takeshi Niinami has ruled out a bid for the Peroni and Grolsch beer brands, which have been put on the block by Anheuser-Busch InBev as part of its pending acquisition of SABMiller. Continue reading →
Posted in News on January 15, 2016Craft Brewing and Distilling News for January 15, 2016
•Southern California-based Ballast Point, recently acquired by Constellation Brands for $1 billion, is readying two new brews. Continue reading →
Posted in News on January 15, 2016Brown-Forman Sells Struggling Southern Comfort And Tuaca To Sazerac For $544 Million
Brown-Forman has agreed to offload its struggling Southern Comfort brand, along with Tuaca liqueur, to Sazerac Co. for $544 million. Continue reading →
Posted in News on January 14, 2016In Push To Bolster Sonoma Presence, Don & Sons Plans Upscale Single Vineyard Lineup
Don Sebastiani & Sons is laying plans to boost its presence at the wine market’s high end. Continue reading →
Posted in News on January 14, 2016News Briefs for January 14, 2016
•California’s Furthermore Pinot Noir has purchased Graton Ridge Cellars in the Russian River Valley, acquiring the brand, winery, estate vineyard and tasting room. Continue reading →
Posted in News on January 14, 2016