Monthly Archive: January 2018
With Its $5.1 Billion Deal For Patrón, Bacardi Makes A Game-Changing Play
Although the Tequila category has seen its share of acquisition activity lately—with Diageo buying Casamigos last year and Pernod swooping for full control of Avión earlier this month—the biggest move was saved for last. Continue reading →
Posted in News on January 23, 2018News Briefs for January 23, 2018
•Spain’s Zamora Company has acquired a majority stake in Martin Miller’s Gin. Continue reading →
Posted in News on January 23, 2018Craft Brewing and Distilling News for January 23, 2018
•North American Breweries, the parent company of Genesee, Magic Hat and Pyramid Brewing Companies, has appointed Adrian Lachowski as its new CEO. Continue reading →
Posted in News on January 23, 2018News Alert: Bacardi To Acquire Full Control Of Patrón
Bacardi has announced that it has agreed to acquire 100% of Patrón Spirits International in a deal that values the company at $5.1 billion. Continue reading →
Posted in News on January 22, 2018Luxco Boosts Whiskey Business With New Bardstown Distillery
Bardstown, Kentucky’s newest whiskey distillery quietly filled its first barrel on January 10th, 2018. Continue reading →
Posted in News on January 22, 2018Diageo Sees Scotch Whisky Tourism Booming
Diageo says 2017 was a banner year for tourism at its Scotch whisky distilleries, which welcomed a total of 440,260 visitors last year, representing a 15% increase from 2016. Continue reading →
Posted in News on January 22, 2018