Tag Archive: Jose Cuervo
Diageo Said To Be Close To A Cuervo Deal
Fresh rumors are circulating that Diageo is close to acquiring a majority stake in Jose Cuervo Tequila, valued as high as $3.15 billion, from Mexico’s Beckmann family in return for Diageo stock. Continue reading →
Posted in News on May 4, 2012Heaven Hill’s Lunazul Aims To Hold Price Amid Competition In Accessibly-Priced 100%-Agave Segment
Impact “Hot Prospect” Lunazul Tequila, owned by Heaven Hill Distilleries, was among the first 100%-agave brands seeking to compete at accessible price points long dominated by Jose Cuervo, Sauza and other mixto Tequilas. Continue reading →
Posted in News on April 4, 2012News Briefs for April 2, 2012
•Suitors are said to be lining up for the chance to acquire Belvédère’s Sobieski vodka, but Polish news sources report that Brown-Forman is leading the race. Continue reading →
Posted in News on April 2, 2012News Briefs for March 29, 2012
•Diageo is making progress on its bid to acquire an equity stake in Jose Cuervo Tequila, Reuters reports, quoting unnamed sources. Continue reading →
Posted in News on March 29, 2012Diageo’s Walsh Says Cuervo Deal Must Include Control
Diageo CEO Paul Walsh told the Wall Street Journal over the weekend that an extension of Diageo’s current global distribution deal with Mexico’s Beckmann family on Jose Cuervo Tequila would need to see Diageo gain control, or a route to control of the brand. Continue reading →
Posted in News on March 26, 2012News Briefs for October 27, 2011
•In a quarterly report submitted to the U.S. Securities and Exchange Commission yesterday, Google revealed that it paid $151 million in cash for restaurant and hospitality survey group Zagat. Continue reading →
Posted in News on October 27, 2011
