Category Archives: Acquisitions

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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Alcohol Justice Challenges ABI’s Takeover of Ace Beverage

Posted on December 15, 2020 by Joel Whitaker

Alcohol Justice, the antialcohol activist group, urged California Attorney General Xavier Becerra to launch  full-scale investigation of recent actions in the state by Anheuser-Busch InBev (ABI). Alcohol Justice said it believes ABI is in violation of California’s Cartwright Act and federal … Continue reading →

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Beam Suntory Sells Windsor Canadian Whiskey

Posted on December 2, 2020 by Joel Whitaker

Prestige Beverage Group said it acquired the Windsor Canadian Whisky brand from Beam Suntory. The Windsor Canadian brand is one of the top selling Canadian Whiskies in the United States.  Terms weren’t disclosed. “Windsor is a historic and beloved brand with … Continue reading →

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CBrands, Gallo, FTC Reach Accord on Brand Sales

Posted on November 9, 2020 by Joel Whitaker

Constellation Brands, Inc.  said it and E. & J. Gallo Winery signed a proposed consent order that, if accepted by the FTC Commissioners, would allow Constellation to complete the sale of certain brands priced under $11 a bottle to Gallo. … Continue reading →

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William Chris Vineyards, Lost Draw Cellars Merge

Posted on October 14, 2020 by Joel Whitaker

The brands will maintain separate winemakers and portfolios, but the merger will allow both operations to leverage an expanded array of tools to make wine more efficiently for their collective fans. More importantly, together, the companies will expand benefits across … Continue reading →

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