Tag Archive: duckhorn
News Briefs for March 19, 2025
•Opici Wines & Spirits has been appointed exclusive U.S. importer of the U.K.’s Dutch Barn Vodka. Continue reading →
Posted in News on March 19, 2025Constellation Said To Be Exploring More Lower-End Wine Divestitures
Amid ongoing pressure on the wine category, one of the market’s biggest players, Constellation Brands, could be preparing further divestitures centered on its wine unit. Continue reading →
Exclusive: U.S. Wine Market’s Top $15-Plus Brands Rise 2% In 2024
While the overall U.S. wine market declined an estimated 3.5% by volume last year, according to Impact Databank, the news is brighter within the $15 and up segment of the category. Continue reading →
Posted in News on January 13, 2025Interview, Part 2: Adam Waglay Of Butterfly and Robert Hanson, Incoming Duckhorn CEO
In the second part of our interview, Adam Waglay, co-CEO of private equity firm Butterfly, and Robert Hanson, incoming CEO of Butterfly-owned Duckhorn, discuss organic growth opportunities across the portfolio, the DTC market, as well as M&A ambitions moving forward. Continue reading →
Posted in News on January 8, 2025Exclusive: Robert Hanson Named CEO At Duckhorn
Last month, Los Angeles-based private equity firm Butterfly completed its $1.95 billion acquisition of luxury California wine player Duckhorn. Continue reading →
Posted in News on January 7, 2025Duckhorn, Svedka, Horizon Lead Drinks Industry’s Biggest Deals Of 2024
Headlined by Duckhorn’s nearly $2 billion acquisition by private equity group Butterfly, 2024 has seen a number of significant mergers and acquisitions across the supplier and distributor tiers. They included big buys like Southern Glazer’s purchase of Horizon Beverage in New England and Sazerac’s moves for Svedka and Buzzballz, as well as a bevy of smaller deals transpiring around the business. Continue reading →
Posted in News on December 30, 2024