Category Archives: Acquisitions

Far Niente Family of Wineries and Vineyards Acquires Provenance Vineyards Facility

Posted on November 2, 2021 by Joel Whitaker

Napa Valley luxury wine producer Far Niente Family of Wineries and Vineyards (FNFWV) acquired the former Provenance Vineyards winery in Rutherford, Calif.  Far Niente said it intends to repurpose the hospitality and production areas as a home for its Bella … Continue reading →

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Phillips Distilling to Acquire Leroux, Kamora from Beam Suntory

Posted on November 1, 2021 by Joel Whitaker

The brands will be added to Phillips’ long-established cordial and liqueurs collection. Phillips Distilling Co. was the first to introduce America to Peppermint Schnapps in the 1930’s and Root Beer Schnapps in 1984. Today its Sour Puss and Butter Ripple … Continue reading →

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Cowhorn Vineyard Owner Acquires Johan Vineyards

Posted on October 26, 2021 by Joel Whitaker

Running a winery with half the family 6,000 miles away is a challenge, which explains why Dag Johan Sundby has sold Johan Vineyards, Rickreall, Ore., to Katherine “Mini” Banks, who also owns Cowhorn Vineyard. Jacksonville.  Terms weren’t disclosed.  Banks and … Continue reading →

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Uber Finalizes Acquisition of Drizly

Posted on October 13, 2021 by Joel Whitaker

Uber Technologies, Inc. said it completed its acquisition of Drizly America’s largest e-commerce marketplace, and the two companies will begin integrating their complementary delivery apps and services. The purchase consideration was about $1.1 billion, consisting of some 18.7 million newly … Continue reading →

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ABI Mulls Sale of Some German Beer Brands

Posted on October 6, 2021 by Joel Whitaker

Anheuser-Busch InBev is considering selling some German beer brands as new CEO Michel Doukeris implements its BBeyond Beer strategy, The Beyond Beer portfolio, which includes Mike’s Hard and Michelob Ultra Seltzer, grew by 45% as of the company’s most recent earnings … Continue reading →

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Tenute del Mondo Acquires 50% Stake in Chateau Miraval

Posted on October 6, 2021 by Joel Whitaker

Tenute del Mondo, the wine division of Stoli Group, today announced the purchase of 50% of Chateau Miraval, and the Miraval brand, from Angelina Jolie. Terms weren’t disclosed. Tenute del Mondo is co-owner (with the Frescobaldi Family) of wines such … Continue reading →

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