Category Archives: Acquisitions

Castle Brands Posts a Profit as Sales Rose 6.5% in Quarte

Posted on November 17, 2017 by Donna Whitaker

Net sales increased 6.5% to $20.9 million for the second quarter of fiscal 2018, as compared to $19.6 million for the comparable prior-year period.  The firm posted a $280,622 profit. A year earlier it recorded a $489,854 loss.

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Breakthru Beverage Acquires Bacchus Importers

Posted on November 3, 2017 by Donna Whitaker

Breakthru Beverage Group said it acquired Bacchus Importers, Ltd., a boutique fine wine and spirits wholesaler in Maryland, Delaware and Washington D.C. Bacchus has been owned by the Merinoff family since 1994. While this acquisition will formally bring the full … Continue reading →

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Luxco Sells Meier’s Wine Cellars to Paul T. Lux

Posted on November 1, 2017 by Donna Whitaker

Paul T. Lux, current President of Meier’s Wine Cellars and grandson of the company’s Founder, is the buyer. Lux  assumed his role as President after Luxco’s acquisition of

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Mass Bay Brewing to Acquire Clown Shoes Beer

Posted on November 1, 2017 by Donna Whitaker

Employee-owned Mass Bay Brewing Co., brewers of Harpoon and UFO beers, acquired Clown Shoes Brewing. Clown Shoes, launched in 2009 in Ipswich, Mass., is a nationally distributed

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Sazerac Buys Stake in Indian Distiller

Posted on October 19, 2017 by Donna Whitaker

Sazerac acquired part-ownership in John Distilleries Pvt. Ltd. from Gaja Capital, which will continue to remain partially invested in the company.  John Distilleries produces more than 13 million cases a year.

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DeKuyper Acquires Cherry Heering

Posted on October 16, 2017 by Donna Whitaker

De Kuyper Royal Distillers acquired Cherry Heering from the brand owner Peter F. Heering. Cherry Heering Liqueur, probably the oldest cherry liqueur in the world, was established in 1818. It is

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