Daily Archive: January 17, 2023
Exclusive: Breakthru Enters California, Acquiring Wine Warehouse
Breakthru Beverage Group is set to enter its 16th market with a move to acquire Wine Warehouse—the third-largest wholesaler in California and a top-10 player nationally—for an undisclosed sum. Continue reading →
Posted in News on January 17, 2023Diageo To Acquire Don Papa Rum For Up To $474 Million
Diageo has made another bolt-on acquisition, agreeing to purchase Don Papa Rum, a super-premium, dark rum from the Philippines for an initial €260 million ($282m) with a further potential consideration of up to €177.5 million ($192m) through to 2028 subject to performance. Continue reading →
Posted in News on January 17, 2023Whisky Advocate: Barrell Craft Spirits Boosting Capacity Five-Fold
Since opening its doors a decade ago, Barrell Craft Spirits has risen to become Kentucky’s premier independent blender, and its Barrell Vantage label finished at No.-3 on Whisky Advocate’s Top 20 list this year. Continue reading →
Posted in News on January 17, 2023News Briefs for January 17, 2023
•Sazerac is suing Republic National Distributing Co. (RNDC) for close to $40 million alleging non-payment of inventory. Continue reading →
Posted in News on January 17, 2023Craft Brewing and Distilling News for January 17, 2023
•Miami, Florida-based Tropical Distillers is opening a distillery and bar in its home city’s Allapattah neighborhood. Continue reading →
Posted in News on January 17, 2023Minnesota Leads A Number Of States Eyeing Cannabis Reform This Year
As cannabis legalization becomes a reality in more states, the political possibilities continue to broaden in others where the issue would have been dead on arrival just a few years ago. Continue reading →
Posted in News on January 17, 2023
