Exclusive news and research on the wine, spirits and beer business

Daily Archive: January 25, 2021

News Alert: MGP To Acquire Luxco For $475 Million

MGP Ingredients has agreed to acquire St. Louis-based spirits producer and marketer Luxco for $475 million, comprised of equal parts cash and stock. Continue reading →

Posted in News on January 25, 2021

Upscale And Mainstream Brands Register Strong Gains Amid A Thriving Tequila Market

In spite of the ongoing pandemic and diminished on-premise environment, Tequila consumption continues to surge to new heights, surpassing 20 million cases (excluding pre-mixed cocktails) in the U.S. for the first time ever in 2020, according to Impact Databank. Continue reading →

Posted in News on January 25, 2021

News Briefs for January 25, 2021

•Single Malt Scotch from Arran, Single Cask Penderyn, and Maple Syrup Cask Finished Rye from Wigle Whiskey are profiled in Whisky Advocate’s latest weekly roundup. Continue reading →

Posted in News on January 25, 2021

Craft Brewing and Distilling News for January 25, 2021

•San Diego, California’s Coronado Brewing has launched a new hard seltzer throughout the brewery’s home state. Continue reading →

Posted in News on January 25, 2021