Daily Archive: July 9, 2015
Exclusive: Lee Einsidler Leaving Sidney Frank To Head Up Import Company For Casamigos
Lee Einsidler, longtime CEO of Sidney Frank Importing, is leaving to head up a new company, Casamigos Importing, which will be the exclusive national importer and marketer of Casamigos Tequila, formerly represented by Sidney Frank. Continue reading →
Posted in News on July 9, 2015Bacardi Takes Control Of Leblon Cachaça, As Dealmaking Continues
Bacardi has acquired full ownership of Leblon, the cachaça brand in which it has held a minority stake since 2007. Continue reading →
Posted in News on July 9, 2015Wine Spectator: New Zealand’s Yealands Wine Group Sells Majority Share for $60 Million
Marlborough Lines, a New Zealand electricity company, is investing $60 million in Yealands Wine Group, one of the country’s largest wine producers, purchasing an 80% stake. Continue reading →
Posted in News on July 9, 2015News Briefs for July 9, 2015
•Following the $9.2 billion merger of grocery giants Albertsons and Safeway by a group led by Cerberus Capital Management in January, the combined entity—operating as Albertsons Cos. Inc.—has filed plans for an initial public offering estimated at a preliminary $100 million. Continue reading →
Posted in News on July 9, 2015Craft Brewing and Distilling News for July 9, 2015
•Hawaii-based Kona Brewing Company, part of Craft Brew Alliance (CBA), has seen sales of its Big Wave Golden Ale jump 66.2% over the past year, according to IRI data. Continue reading →
Posted in News on July 9, 2015