Yearly Archive: 2017
The RNDC-Breakthru Deal: Challenges And Opportunities Ahead
Yesterday, Shanken News Daily exclusively reported that the nation’s second- and third-ranked wine and spirits wholesalers—Republic National Distributing Co. (RNDC) and Breakthru Beverage Group (BBG)—have agreed to merge to create a distribution giant with nearly $14 billion in annual revenue. Continue reading →
Posted in News on November 21, 2017LVMH Takes 60% Stake In Napa Valley’s Colgin Cellars
Moët Hennessy Louis Vuitton has agreed to acquire a 60% stake in Napa Valley winery Colgin Cellars. Continue reading →
Posted in News on November 21, 2017More On Liquor Stores NA’s U.S. Exit
Canada-based retail operator Liquor Stores NA announced yesterday that it would be selling off its interests in the lower 48 U.S. states to concentrate on its operations in Alberta, British Columbia and Alaska. Continue reading →
Posted in News on November 21, 2017News Briefs for November 21, 2017
•Proximo Spirits is expanding its Irish whiskey portfolio with the launch of The Sexton Single Malt. Continue reading →
Posted in News on November 21, 2017Exclusive: RNDC And Breakthru Join Forces, Creating A $14 Billion Wholesale Colossus
Competition is about to get even stiffer in the U.S. wine and spirits market’s wholesale tier. Continue reading →
Posted in News on November 20, 2017Liquor Stores NA Exits Mainland U.S. To Focus On Canadian Business
Liquor Stores NA has announced that it will exit the mainland U.S. market to refocus on its core markets of Alberta, British Columbia and Alaska. Continue reading →
Posted in News on November 20, 2017
