Daily Archive: October 9, 2019
Campari Enters Mezcal, Taking Majority Stake In Montelobos, Ancho Reyes
Campari Group is entering the fast-rising mezcal category, agreeing to take a 51% stake in the Montelobos brand as well as sister label Ancho Reyes spicy liqueur. Continue reading →
Posted in News on October 9, 2019Constellation Sharpens Focus On Core Wine And Spirits Brands
With its pending $1.7 billion sale of 34 lower-end wine and spirits brands to E.&J. Gallo slated to close by the end of February, Constellation Brands has refocused its wine and spirits portfolio around a core of premium and above labels. Continue reading →
Posted in News on October 9, 2019News Briefs for October 9, 2019
•Pernod Ricard has completed its $223 million acquisition of Castle Brands, originally announced August 29. Continue reading →
Posted in News on October 9, 2019
