Daily Archive: October 4, 2016
Exclusive: Constellation, In Bidding War, Acquires High West Distillery For An Astounding Price We Estimate At Over $150 Million
Moët Hennessy and Pernod Ricard Kept Upping Their Bids, But To No Avail
Posted in News on October 4, 2016Interview: Mike Duggan, CEO Of Phillips Distilling Owner USDP
Mike Duggan came over from Diageo North America early last year to become CEO of Minneapolis-based United States Distilled Products Co. (USDP), including its subsidiary Phillips Distilling Co. Phillips had gone through five consecutive generations of Phillips family leadership, most recently with Dean Phillips, who remains chairman. Duggan has been given free rein to push the envelope in terms of new products and strategies, and to combat recent downward sales trends at Phillips. The company’s biggest brand, UV vodka, which rocketed to well over a million cases after launching in the early 2000s, has struggled lately, falling by 5.7% last year to 1.25 million cases. SND’s Lee Murphy recently interviewed Duggan at the Phillips headquarters in downtown Minneapolis. Continue reading →
Jackson Family Adds Willakenzie Estate Amid Ongoing Oregon Expansion
Jackson Family Wines has bolstered its Oregon presence with the acquisition of Willamette Valley’s Willakenzie Estate. Continue reading →
Posted in News on October 4, 2016News Briefs for October 4, 2016
•Under current law, a wine labeled with an appellation—whether it’s Napa Valley, Finger Lakes or Rocky Knob—must be made with fruit primarily from that appellation (at least 75% in some areas, 85% in others) and be “fully finished” within that state or a neighboring one. Continue reading →
Posted in News on October 4, 2016Craft Brewing and Distilling News for October 4, 2016
•St. Louis-based contract brewer Brew Hub is expanding its Lakeland, Florida brewery for the third time since 2014. Continue reading →
Posted in News on October 4, 2016
