Plenty for All? Aging Craft Brewers Offer Hard Lessons for the Future
Last week was a wild one for mergers and acquisitions, and just not in the way beer lovers have come to expect. Recent moves by AveryBrewing Company, Ninkasi Brewing Company, and Stone Brewing all represent a “modernization” of the M&A process for American breweries. (Sightlines)
CBrands CEO Talks Wine, Beer and Cannabis
On the heels of Constellation Brands announcement to sell about 30 low-end wine brands to California’s E. & J. Gallo Winery, CEO Bill Newlands met with reporters in the company’s Victor, N.Y., headquarters to answer questions about the wine sale, its beer strategy, its foray into cannabis as well as his overall vision for the company. Some of his answers have been slightly edited for clarity. (Rochester Democrat & Chronicle)