Monthly Archives: December 2020

Cocktails Fastest Growing Category in Control States

Posted on December 29, 2020 by Joel Whitaker

Cocktails, with 3% share of the nine-liter case Control States spirits market, was November’s fastest growing category with 30% growth reported and a 12-month trend of 38.2%., National Alcohol Beverage Control Association says. Tequila, with 7% share, grew during November at … Continue reading →

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Feds Reject Change in Guidelines on Bev/Al Consumption

Posted on December 29, 2020 by Joel Whitaker

The final Dietary Guidelines for Americans, rejected a proposal to scrap prior recommendations on consumption of alcoholic beverages.  If approved, the proposal would have said men should consume just one drink a day, a 50% cut from the prior two drinks … Continue reading →

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ABI to Sell 49.9% Share in Metal Container’s U.S. Plants

Posted on December 23, 2020 by Joel Whitaker

Apollo Global Management, Inc. said accounts and entities advised by Apollo and its subsidiaries (collectively “Apollo”) and a group of institutional investors agreed to acquire a 49.9% stake in Anheuser-Busch InBev’s US-based metal container plants for about $3 billion. Proceeds … Continue reading →

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Gallo to Divest Some Products to Buy CBrands Lines

Posted on December 23, 2020 by Joel Whitaker

E. & J. Gallo Winery agreed to divest several product lines and remove certain others from its asset purchase agreement with competitor Constellation Brands, Inc. to settle Federal Trade Commission charges that Gallo’s proposed $1.7 billion transaction of some Constellation … Continue reading →

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New Stoli Group CEO’s Top Priorities: Get the People Right, Emphasize Speed

Posted on December 23, 2020 by Joel Whitaker

To understand a person, you need to understand where they come from.  Not only where they were born and grew up, but also their early work experience. Damian McKinney is a farm boy who became a special forces operative.  Now … Continue reading →

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Trump Puts CBMTRA. Restaurant Relief in Jeopardy

Posted on December 22, 2020 by Joel Whitaker

Less than 20 hours after Congress passed a Covid-19 relief bill that was a bev/al lobbyists dream — it incorporated the Craft Beverage Modernization & Tax Reform Act as well as relief for hard-pressed restaurants — President Trump asked Congress … Continue reading →

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