Monthly Archives: February 2021

ABI Gets Loan Linked to Hitting Sustainability Targets

Posted on February 18, 2021 by Joel Whitaker

Anheuser-Busch InBev said it signed a $10.1 billion Sustainability Linked Loan Revolving Credit Facility. The facility has an initial five-year term (which may be extended by an additional two years), and incorporates a pricing mechanism that incentivizes improvement in four … Continue reading →

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Grey Eagle to Acquire Mullally Distributing

Posted on February 18, 2021 by Joel Whitaker

Grey Eagle Distributors, St. Louis, sid it acquired Mullally Distributing Co., Cuba, Mp.  Terms weren’t disclosed. The deal will add 10 million cases a year to Grey Eagle’s case count.  Grey Eagle is one of the largest A-B distributors in Missouri. “The … Continue reading →

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Breckenridge Brewery Debuts a Hard Seltzer

Posted on February 18, 2021 by Joel Whitaker

Breckenridge Brewery (Anheuser-Busch InBev) just released its first line of hard seltzers, Good Company. The new line offers five light and refreshing flavor options — Apple + Pear, Black Cherry, Peach, Mountain Berry and Honeydew — each inspired by fruit … Continue reading →

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American Harvest, Beach Vodka Sold, to Form Base for New 1776 Spirits

Posted on February 18, 2021 by Joel Whitaker

American Harvest and Beach Whiskey have been sold to Darco Capital, the family office for David Adelman, and will form the basis for 1776 Spirits Co., which will be based in Philadelphia. Terms weren’t disclosed. Adelman is a Georgia lawyer who served … Continue reading →

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Covid Seen Aiding Larger Wineries, Consolidation

Posted on February 17, 2021 by Joel Whitaker

Expect on-premise business to recover later this year, but also expect Covid to have created additional advantages for larger wineries and to support industry consolidation, leading to a much higher level of merger and acquisition activity. Why expect consolidation?  Rabobank‘s latest … Continue reading →

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New Mexico Celebrates ‘America’s Oldest Wine Region’

Posted on February 17, 2021 by Joel Whitaker

Quick:  When you hear New Mexico, what do you think of? I’ll bet it isn’t wine.  But the New Mexico Tourism Department (NMTD) is seeking to change that, ,launch the New Mexico Wine & Where quiz, an online tool that … Continue reading →

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