Tag Archives: Vintage Wine Estates

Vintage Wine Estates Sales Up 68%, Reverses Loss

Posted on May 17, 2022 by Joel Whitaker

Vintage Wine Estates reports a 68% growth (organic, up 44%) in revenue, or $32 million.  Acquisitions represented $11.4 million of that revenue. VWE earned $2.8 million, or  5 cents a share, in the FY 2022 fiscal quarter.  A year earlier … Continue reading →

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Vintage Wine Launches Alternative Beverage Unit

Posted on May 5, 2022 by Joel Whitaker

Vintage Wine Estates, Inc. launched NexDrinx, a new product line initiative focused on the development, marketing and sales of alternative beverage products. “We believe alternative beverages share many synergies with wine and developing a product category adjacent to our wine … Continue reading →

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Vintage Wine Acquires Ohio’s Meier’s Wine Cellars

Posted on January 19, 2022 by Joel Whitaker

Vintage Wine Estates, Inc. acquired Meier’s Wine Cellars, Inc., DBA Meier’s Beverage Group, (“Meier’s”) located in Silverton, Ohio, north of Cincinnati. The purchase was valued at approximately eight times Meier’s 2021 adjusted EBITDA. With about $18 million in revenue in … Continue reading →

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Vintage Wine’s Angels Share Has Donated 1 Million Meals

Posted on December 23, 2021 by Joel Whitaker

Eight years ago, Vintage Wine Estates created a campaign, called Angels Share, to support neighbors in need with holiday boxes of healthy food. Ever since, in partnership with the Redwood Empire Food Bank, employees have gathered in lieu of a … Continue reading →

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Glass Bottle Shortages Cut VWE Revenue $7 Million in 1st Fiscal Quarter

Posted on November 15, 2021 by Joel Whitaker

The glass bottle shortage cut Vintage Wine Estate’s business-to-business shipments 39.8%, but revenue was down just 5.2%, reflecting a favorable product mix, the company said.  Some of the B2B volume loss was offset by a 13.2%, or 70,000 cases, volume … Continue reading →

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Vintage Wine Estates Acquires ACE Cider

Posted on November 15, 2021 by Joel Whitaker

Vintage Wine Estates, Inc. acquired ACE Cider, The California Cider Company.  Terms for the transaction, which is expected to close Nov. 16, weren’t disclosed. The first family-owned cider company in the U.S. and among the fastest growing craft cider brands … Continue reading →

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