News Briefs for January 13, 2016January 13, 2016
•Treasury Wine Estates has welcomed Côtes du Provence rosé brand Chateau Minuty to its import portfolio in the U.S. Owned by the Matton-Farnet family, Chateau Minuty has been growing at double-digit rates in the U.S. market, where it was previously handled by Diageo (Treasury acquired most of Diageo’s wine business late last year.) TWE will import three Chateau Minuty rosés—Rose et Or ($40), Minuty Prestige ($30) and M de Minuty ($20)—which are available nationally both on- and off-premise.
•The Wine Group is extending New Zealand brand 13 Celsius Sauvignon Blanc into national distribution in the U.S., after a successful test-market run. Sporting a label that turns blue at the optimal temperature for consumption (55 degrees Fahrenheit, or 13 degrees Celsius), the new Sauvignon Blanc joins a fast-rising Kiwi wine category. The brand sources grapes from Marlborough’s Wairau (55%) and Awatere (45%) valleys and retails at $17. In other New Zealand wine news, Constellation Brands is planning to double production at its own Marlborough winery—to 40 million liters annually—on an investment of NZ$50 million ($33m), reports Fairfax Media. The investment will support the ongoing growth of Constellation’s New Zealand portfolio, which includes Kim Crawford, Nobilo and Monkey Bay among others.
•Beam Suntory is introducing a new high-end sherry cask edition of its Yamazaki Japanese whisky. Made from casks selected by Suntory chief blender Shinji Fukuyo, Yamazaki Sherry Cask 2016 (48% abv) joins the brand’s Cask Collection, which also includes Mizunara, Bourbon Barrel and Puncheon offerings. Five thousand bottles of the single malt Yamazaki Sherry Cask 2016 will be available worldwide at a suggested retail price of $300.
•Napa Valley winery Clos du Val has appointed Jon-Mark Chappellet director of operations and Ted Henry winemaker. Chappellet was previously director of operations at his family’s Chappellet Winery, also in Napa Valley, where Clos du Val president and CEO Steve Tamburelli served as general manager for more than a decade. Ted Henry was most recently winemaker at Napa’s Jarvis Estate. The appointments come as Clos du Val continues to transition to almost exclusively making estate-grown wines from its three vineyards, focusing on Cabernet Sauvignon.
•Anheuser-Busch distributor Hensley Beverage Co. has agreed to acquire fellow Arizona A-B wholesaler Golden Eagle for an undisclosed sum. Hensley, which is owned by Cindy Hensley McCain and distributes more than 20 million cases annually, will add about 8.5 million cases through the acquisition, according to the Arizona Republic. The deal is expected to close in April.
•Beam Suntory has named Steve Fechheimer as senior vice president, chief strategy officer, a newly created position. Fechheimer joined the company in 2009 and was previously head of strategy and corporate development. Concurrently, Beam Suntory has appointed David Hunter senior vice president, chief supply chain officer, replacing John Owen, who will depart the group in the second quarter of this year. Hunter was previously vice president, global manufacturing.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.
Tagged : 13 Celsius, Anheuser-Busch, Beam Suntory, Chappellet Winery, Chateau Minuty, Clos du Val, Constellation Brands, Diageo, golden eagle, Hensley Beverage Co., Jarvis Estate, Kim Crawford, Monkey Bay, Nobilo, The Wine Group, Treasury Wine Estates, Yamazaki