Tag Archive: Treasury Wine Estates
News Briefs for November 4, 2015
•Glazer’s, one of the biggest spirits, wine and beer distributors in the U.S., has acquired De De Beverage, a beer distributor based in Sioux City, Iowa. Continue reading →
Posted in News on November 4, 2015Diageo Putting Chalone Up For Sale
Diageo is putting Chalone Vineyards up for sale, the company told SND earlier today. Continue reading →
Posted in News on October 20, 2015News Briefs for October 20, 2015
•While Monterey’s Chalone Vineyard wasn’t included in Treasury Wine Estates’ $600 million purchase of Diageo’s wine business last week, The Times of London is reporting that Diageo may soon put Chalone on the block. Continue reading →
Posted in News on October 20, 2015Eyeing Premiumization, TWE’s Clarke Hints At Offloading Commercial Wines
Following last night’s announcement that Treasury Wine Estates will acquire most of Diageo’s U.S. and U.K. wine business for $600 million, TWE chief executive Michael Clarke told investors that the company intends to intensify its premiumization strategy, and may look to sell off some of its commercial brands. Continue reading →
Posted in News on October 14, 2015TWE To Acquire Diageo’s Wine Business For $600 Million
Treasury Wine Estates (TWE) has made another major move in its ongoing rejuvenation project, agreeing to acquire the majority of Diageo’s U.S. and U.K. wine interests for $600 million. Continue reading →
Posted in News on October 14, 2015News Briefs for September 30, 2015
•Diageo is reportedly looking to sell certain global wine brands in its portfolio, including Blossom Hill and Piat d’Or, according to Sky News. Continue reading →
Posted in News on September 30, 2015
