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#mergers-and-acquisitions
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- news
Memo: RNDC to Shed Five More Markets as Firesale Continues
Following a chaotic week of deal announcements for most of Republic National Distributing Company’s (RNDC) collapsing empire, the wholesaler has made arrangements with two rivals for five of its remaining markets, VinePair has learned. According to an internal memo sent Tuesday morning by RNDC chief executive Marc Sachs, the unraveling firm has received a letter of intent from BreakThru Beverage Group (BBG) for its joint-venture operations in Kentucky and Indiana. RNDC has also separately reached an agreement with Quality Brands Distribution for a “potential transaction” for its Nebraska, South Dakota, and North Dakota business. The article Memo: RNDC to Shed Five More Markets as Firesale Continues appeared first on VinePair .
by Dave Infante1 viewdistributiondistributorsmergers-and-acquisitionsnewsvp-pro - news
Pernod Ricard and Brown-Forman Merger Talks Collapse
A mega-merger that could have rivaled Diageo just fell apart—so what happens to Brown-Forman now, and is Sazerac waiting in the wings? Read the full article at Pernod Ricard and Brown-Forman Merger Talks Collapse
by Beth Squires5 viewswhiskey-newsbenriachbourbonbrown-formanglenglassaughindustry-news - news
Exclusive: The Wine Group Acquires ‘Phony Negroni’ Maker St. Agrestis
The Wine Group (TWG) has acquired St. Agrestis, the company behind the rapidly growing non-alcoholic ready-to-drink (RTD) Phony Negroni, chief marketing officer Helen Kurtz tells VinePair. TWG has not disclosed the transaction’s sum. In addition to the Phony Negroni — a non-alcoholic riff on the classic cocktail and the brand’s most popular product — St. Agrestis’s portfolio includes other zero-proof and alcoholic RTD aperitivos and Negronis. TWG’s purchase marks its first significant foray into the spirits sector, but Kurtz says the company plans to hone in on St. Agrestis’s non-alcoholic portfolio. The article Exclusive: The Wine Group Acquires ‘Phony Negroni’ Maker St. Agrestis appeared first on VinePair .
by Stephen Bradley1 viewmergers-and-acquisitionsnewsnonalcoholicnonalcoholic-cocktailsrtdrtds - news
Pernod Ricard and Brown-Forman Abandon Merger Talks, Both Confirm
Pernod Ricard and Brown-Forman are no longer pursuing a potential deal, both companies confirmed in separate press releases today. Brown-Forman’s stock fell by 5.08 percent as of 4:54 p.m. in after-hours trading following the announcements. News that discussions have been terminated comes just over a month after Pernod and Brown-Forman’s will-they-won’t-they saga came to light. In late March, both spirits producers confirmed they were exploring a business deal, which they described as a “merger of equals.” Sazerac threw its hat into the ring when it offered to buy Brown-Forman for $15 billion. The article Pernod Ricard and Brown-Forman Abandon Merger Talks, Both Confirm appeared first on VinePair .
by Stephen Bradley1 viewmergers-and-acquisitionsnews - news
RNDC to Sell Off Oregon and Washington Markets to Columbia Distributing, With More Moves to Come
After Republic National Distributing Company (RNDC) withdrew from California in 2025 and sold off twelve of its markets to Reyes Beverage Group (RBG) earlier this year, the shakeout is set to continue. RNDC — once the second-largest wine and spirits distributor in the U.S. — plans to hand over the majority of its operations to multiple competitors, including Martignetti Companies and Columbia Distributing, Shanken News Daily reports. The article RNDC to Sell Off Oregon and Washington Markets to Columbia Distributing, With More Moves to Come appeared first on VinePair .
by Stephen Bradley1 viewdistributiondistributorsmergers-and-acquisitionsnews - news
Firestone Walker and Duvel USA to Acquire Stone Brewing From Sapporo
Firestone Walker and Duvel Moortgat USA have agreed to acquire the Stone Brewing brand from Sapporo USA for an undisclosed amount, Brewbound reports. The transaction is slated to finalize within the second quarter of the fiscal year. California-based craft brewery Firestone Walker — in which Duvel USA acquired a majority stake in 2015 and continues to operate independently — will assume ownership of the Stone Brewing brand in California, Texas, and other western U.S. markets, along with overseeing national accounts. Duvel USA will handle Stone’s distribution east of the Rocky Mountains, according to Brewbound. The article Firestone Walker and Duvel USA to Acquire Stone Brewing From Sapporo appeared first on VinePair .
by Stephen Bradley2 viewsacquisitionsbeer-industrybrewers-associationcraft-beercraft-breweriescraft-brewers - news
Report: Sazerac Offered $15 Billion to Buy Brown-Forman
Sazerac reportedly offered around $15 billion to buy Brown-Forman. The offer comes after news of discussions for a potential deal between French spirits producer Pernod Ricard and Brown-Forman, followed by rumors that Sazerac also approached the Louisville, Ky.-based whiskey giant. Brown-Forman’s shares are trading at $29.57 at the time of publication. Sazerac offered to buy Brown-Forman for $32 a share, the Wall Street Journal reports. Brown-Forman’s stock has climbed 25 percent since the initial reports of its discussions with Pernod. Its shares were down just over 2 percent this morning before word of the Sazerac offer was published. The article Report: Sazerac Offered $15 Billion to Buy Brown-Forman appeared first on VinePair .
by Stephen Bradley1 viewbusinesseconomicsindustrymergers-and-acquisitionsnews - news
White Claw Maker Mark Anthony Group to Acquire The Finnish Long Drink
The Mark Anthony Group of Companies has agreed to acquire The Finnish Long Drink, a canned, gin-based sparkling cocktail. Terms of the transaction, which was announced today and is set to finalize in coming weeks, are undisclosed. Mark Anthony, which owns popular ready-to-drink brands like White Claw Hard Seltzer and Mike’s Hard Lemonade, will acquire The Finnish Long Drink as the brand comes off a year with near-20 percent growth in volume and sales of 3.3 million 9-liter case equivalents, according to Shanken News Daily’s Impact Databank. The article White Claw Maker Mark Anthony Group to Acquire The Finnish Long Drink appeared first on VinePair .
by Stephen Bradley1 viewacquisitionsmergers-and-acquisitionsnewsrtdrtds - news
Reports Suggest Sazerac in Talks With Brown-Forman Following Rumors of Pernod Merger
Weeks after news broke of discussions between Pernod Ricard and Brown-Forman about a potential deal, Sazerac is allegedly throwing its hat in the ring. The Kentucky-based spirits producer Sazerac approached Jack Daniel’s maker Brown-Forman about a deal, sources familiar with the matter confirmed to the Wall Street Journal. Brown-Forman shares spiked following the news of Sazerac’s interest and are up by over 11 percent at the time of publication. A similar jump occurred after reports last month revealed its talks with French spirits supplier Pernod Ricard. The article Reports Suggest Sazerac in Talks With Brown-Forman Following Rumors of Pernod Merger appeared first on VinePair .
by Stephen Bradley1 viewbusinessindustrymergers-and-acquisitionsnewssazerac - news
Gallo Finalizes Acquisition of Four Roses Bourbon From Kirin Holdings
Megawatt wine, beer, and spirits producer E&J Gallo Winery announced today that it completed its acquisition of Four Roses Bourbon from Japan beverage conglomerate Kirin Holdings. Neither party disclosed the terms of the transaction. The completion comes roughly two months after Gallo agreed to acquire the premium bourbon brand for up to $775 million dollars. Kirin began shopping Four Roses around for $1 billion in October. UBS Investment Bank and Jefferies advised Kirin and Gallo, respectively, to finalize the sale. The article Gallo Finalizes Acquisition of Four Roses Bourbon From Kirin Holdings appeared first on VinePair .
by Stephen Bradley1 viewbourbonfour-roses-bourbongallomergers-and-acquisitionsnewspremium-spirit - news
Reports: Pernod Ricard Held Acquisition, Merger Talks with Brown Forman
UPDATE 3/27/26: Pernod Ricard and Brown-Forman confirmed the discussions about a potential deal between the two entities in separate releases late yesterday. Both refer to the “potential business combination” as a “merger of equals.” Pernod and Brown-Forman both say they will release no further communications until they reach an agreement. We will continue to update this story as more information becomes available. Pernod Ricard is in talks to merge with or acquire Brown-Forman. The article Reports: Pernod Ricard Held Acquisition, Merger Talks with Brown Forman appeared first on VinePair .
by Stephen Bradley2 viewsmergers-and-acquisitionsnewsreportsalesspirit - news
Chicago’s Half Acre Beer Company and Maplewood Brewery Merge Amid Craft Consolidation Wave
Half Acre Beer Company and Maplewood Brewery & Distillery, two of Chicago’s largest craft breweries, are set to merge into a new beverage company, the businesses announced on Tuesday. Both breweries will operate independently at their respective taprooms, but the joint venture will consolidate their behind-the-scenes business operations to form an unnamed, “premier Chicago beverage company,” per the release. The merger comes after a wave of shutterings in the Windy City’s craft beer scene. Five breweries, including Casa Humilde, have closed or announced closures in just the last six weeks. The article Chicago’s Half Acre Beer Company and Maplewood Brewery Merge Amid Craft Consolidation Wave appeared first on VinePair .
by Stephen Bradley2 viewschicagocraft-beercraft-brewercraft-breweriescraft-brewerymergers-and-acquisitions - news
Analysis: Tilray Brands Buys Brewdog for $44M — a Dramatic Fall From Its $2B+ Peak Valuation
Tilray Brands, Inc. acquired BrewDog for £33 million, or $44 million, a sum representing a massive drop from the Scottish craft brewery’s peak $2.7 billion valuation. Tilray, a New York-based consumer packaged goods company producing cannabis and beverage products, assumes ownership of the global brand, UK brewing operations, and 11 brewpubs around the UK and Ireland. BrewDog began eyeing potential buyers when it hired the consulting firm AlixPartners to oversee its sale last month. The purchase comes after a string of losses for the brand, which had made strides as a leading craft brewery after its 2007 founding. The article Analysis: Tilray Brands Buys Brewdog for $44M — a Dramatic Fall From Its $2B+ Peak Valuation appeared first on VinePair .
by Stephen Bradley2 viewsbeerbeer-industrybrewdogcraft-beerinvestmentmergers-and-acquisitions - news
The VinePair Podcast: Gruppo Campari Couldn’t Pass on Courvoisier
From Gallo’s purchase of Rombauer and Massican to cannabis brand Tilray’s surprising acquisition of eight craft breweries and beverage companies from AB-InBev, there’s been no shortage of head-turning deals just this year alone. However, arguably the most surprising one came just last week when news broke that Gruppo Campari will be purchasing Courvoisier from Beam Suntory for a whopping $1.32 billion. During the early days of the pandemic, Cognac experienced a massive explosion of growth. Rémy Martin, Hennessy, and the like were on fire — so much so that many producers ran out of stock. The article The VinePair Podcast: Gruppo Campari Couldn’t Pass on Courvoisier appeared first on VinePair .
by VinePair Staff6 viewsreading-about-drinkingcamparicognacmergers-and-acquisitionsthe-vinepair-podcast