Category Archives: Acquisitions

Marie Brizard to Sell Porto Pitters Unit

Posted on July 31, 2019 by Joel Whitaker

Financially troubled Marie Brizard Wine & Spirits said it agreed to sell the Porto Pitters brand along with its related business. In accordance with the guarantees it gave to the French Anti-Trust Authority, Marie Brizard Wine & Spirits has entered … Continue reading →

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CBrands Takes Minority Stake in Woman-Owned Montanya Distillers

Posted on July 23, 2019 by Joel Whitaker

The investment was made through Constellation Brands Ventures’ Focus on Female Founders program which makes meaningful investments in female-founded and female-led businesses doing disruptive and innovative work across beverage alcohol.  Terms weren’t disclosed. Karen Hoskin is Founder, President and CEO … Continue reading →

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Pulido-Walker Buys Policy Estate

Posted on July 18, 2019 by Joel Whitaker

Pulido-Walker proprietors Mark Pulido and Donna Walker purchased Carmen and Gail Policy’s Yountville Estate including the Policy Vineyard. The historic property’s residence, designed by esteemed architect Howard Backen, will be Mark and Donna’s new family home after their Mt. Veeder … Continue reading →

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ABI Explores Selling Units in South Korea, Australia, Central America After Calling Off Asia IPO

Posted on July 18, 2019 by Joel Whitaker

The idea would be to cut the$100 billion debt it piled up after acquiring Anheuser-Busch Cos., Stella Artois and Corona. The move, reported by The Wall Street Journal, follows last week’s cancellation of its $10 billion IPO of its Asian business, Budweiser … Continue reading →

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FTC Clears RNDC, Young’s Market Joint Venture

Posted on July 17, 2019 by Joel Whitaker

The Federal Trade Commission cleared the proposed joint venture partnership between Republic National Distributing Co. (RNDC) and Young’s Market Co. (Young’s), the companies said.  The combined company will serve customers in 32 states and the District of Columbia. RNDC leadership … Continue reading →

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Molson Coors Acquires 2 European Breweries

Posted on July 17, 2019 by Joel Whitaker

Molson Coors acquired stakes in Pardubicky Pivovar in the Czech Republic and Hop Stuff Brewery in the U.K. as part of a continuing strategy to premiumize and expand its beer portfolio.  Terms weren’t disclosed. Molson Coors in June completed the acquisition … Continue reading →

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