News Briefs for November 4, 2015November 4, 2015
•Glazer’s, one of the biggest spirits, wine and beer distributors in the U.S., has acquired De De Beverage, a beer distributor based in Sioux City, Iowa. De De’s lineup is led by the Miller and Heineken portfolios. While Dallas-based Glazer’s already operates in the Sioux City area, the addition of De De allows the distributor to expand its footprint in the market. Glazer’s recently signed a letter of intent to form a strategic alliance with distribution giant Southern Wine & Spirits, but Glazer’s beer operations likely won’t be part of that venture.
•Anheuser-Busch InBev has launched a new flavored offshoot for its Bud Light franchise, Bud Light Apple. The 4.2%-abv blend of Bud Light and natural apple flavors will initially be limited to the Georgia market. Six- and 12-packs of 12-ounce glass bottles and 12-packs of 12-ounce cans are rolling out across the on- and off-premise throughout the state. Meanwhile, ABI and SABMiller have been granted another extension—until November 11—to iron out final terms of their pending merger.
•Treasury Wine Estates has won approval from the U.S. Federal Trade Commission for its pending acquisition of most of Diageo’s wine business. The $600 million deal is expected to close by the end of the year.
•New Jersey-based Vision Wine & Spirits is extending its portfolio with two new Kosher wines. The first, Pavolino, is sourced from Italy’s Veneto region and includes a Pinot Grigio and Pinot Noir retailing at $9 a bottle as well as a Prosecco at $12. Also joining the Vision range is Dakor from Chile’s Curico Valley, including a Chardonnay and Cabernet Sauvignon positioned at $9 a bottle.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.