Category Archives: Acquisitions

MGP to Buy Luxco for $475 Million in Cash and Stock

Posted on January 25, 2021 by Joel Whitaker

MGP Ingredients, Inc., which has stuck its toe into the branded spirits business in the last couple of years, signaled it intends to become a major player, agreeing to acquire Luxco, Inc., and its affiliated companies (“Luxco”) for $475 million in … Continue reading →

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ISWR Aquires Wine Intelligence

Posted on January 18, 2021 by Joel Whitaker

IWSR Drinks Market Analysis said it acquired London-based Wine Intelligence, a leader in wine consumer research and insights.  Founded in 2002, Wine Intelligence conducts projects on behalf of wine businesses in more than 35 wine markets. The acquisition enables the IWSR … Continue reading →

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CBrands Completes Sale of Brands, Premiumization of Portfolio

Posted on January 13, 2021 by Joel Whitaker

Constellation Brands, Inc. said it closed its sale of the Paul Masson Grande Amber Brandy brand, related inventory, and interests in certain contracts to Sazerac for about $265 million, subject to certain post-closing adjustments. “The closure of this sale concludes … Continue reading →

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RNDC to Buy Opici of Florida

Posted on January 6, 2021 by Joel Whitaker

Republic National Distributing Co. (RNDC),said it agreed to purchase Opici Family Distributing of Florida, effective March 1, 2021. Chief Operating Officer Bob Hendrickson said, “We are excited about the purchase of Opici Family Distributing of Florida as it expands our … Continue reading →

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E&J Gallo Completes Acquisition of 30 Brands from CBrands

Posted on January 5, 2021 by Joel Whitaker

As expected, E&J Gallo Winery said it completed the acquisition of more than 30 brands retailing for the most part at $11 and below from Constellation Brands. The transaction includes  Arbor Mist, Black Box, Clos du Bois, Estancia, Franciscan, Hogue, … Continue reading →

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O’Neill Vintners Acquires Rabble Wines

Posted on January 5, 2021 by Joel Whitaker

O’Neill Vintners & Distillers said it acquired Rabble Wines in Paso Robles, Calif.  Terms weren’t disclosed. Rabble Wines is inspired by the everyday farming challenges longtime Paso Robles vineyard manager Rob Murray encountered as a vineyard manager, grower and entrepreneur. … Continue reading →

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