RNDC to Sell Kentucky, Indiana Territories to Breakthru Beverage; More Transactions Incoming
The Republic National Distributing Company (RNDC) sell-off continues.
Ferron Salniker
Spirits Editor
Ferron Salniker is the Spirits Editor, guiding our coverage of the spirits and RTD cocktail space. She reports for BevNET.com and Brewbound.com on everything from new subcategories in established liquor types to the growth of the craft spirits business.
Posts by Ferron Salniker
Spirit, Wine RTDs Drive Nearly All Growth as Hard Lemonade Hits $1.5B
Ready-to-drink hard lemonade has surged to $1.5 billion in sales, but new styles are squeezing out the segment’s mainstays.
Major Bev-Alc Retailers Double Down on THC, High-ABV RTDs and Non-Alc Options
Major bev-alc chains are expanding shelf space for hemp-derived THC beverages and non-alcoholic (NA) alternatives, while also catering to demand for high-ABV ready-to-drink (RTD) cocktails and culturally-inspired flavors.
Stateside’s Super Lyte Depletes 120K Cases in 5 Weeks, Targets 1.5M This Year
Super Lyte, a vodka-infused, sports-drink inspired refresher, from the makers of Surfside, has depleted 120,000 cases in its first five weeks in the market, with a forecast to hit 1.5 million cases this year.
Spirits Distribution: Carbliss Hits New York, Olé Goes National
This month’s distribution moves see Carbliss push into two major new markets, Mark Anthony’s Canadian ready-to-drink (RTD) tequila cocktail expand in the U.S., and ShakeUp transitions to a beer house.
RNDC Agrees To Sell 17 Control State Markets to Martignetti; Plans to Shed Further Operations
Republic National Distributing Company (RNDC) plans to shed the majority of its remaining business, with another transaction divesting from 17 states.
From Gin & Juice to Hard Tea: Dr Dre and Snoop Target New RTD Segment
West Coast rappers and business moguls Dr. Dre and Snoop Dogg are expanding their ready-to-drink (RTD) line into hard tea and lemonade.
Hard Tea’s $2.1 Billion Market Is Highly Concentrated
Just ten vendors account for about 97% of hard tea ready-to-drink (RTD) dollars, according to a new analysis from Bump Williams Consulting (BWC).
Suntory’s On The Rocks Expands Margarita Lineup
Suntory’s On The Rocks is expanding its margarita lineup as the RTD style continues to outpace other trends.
Run The Jewels’ Juice Runners Lands $2M For Expansion
The ready-to-drink (RTD) cocktail from Hip-Hop duo Run The Jewels has closed a $2 million seed round.
Report: Sazerac Bid $15 Billion For Brown-Forman
Sazerac offered to acquire Brown-Forman for about $15 billion, according to a new report from the Wall Street Journal.
Sazerac Bid for Brown-Forman May Face Antitrust and Strategic Hurdles
Weeks after Brown-Forman and Pernod Ricard confirmed they are in merger talks, Sazerac has entered the chat – but analysts are skeptical that the two whiskey giants can make a deal.
SEC Sues Drake’s Organic Spirits For $2.4M In Investor Fraud
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Mark D. Anderson, the founder and former CEO of shuttered Drake’s Organic Spirits, alleging he orchestrated a years-long investor fraud scheme that raised $2.4 million.
Report: Sazerac Explores Brown-Forman Deal
Weeks after Pernod Ricard and Brown-Forman confirmed that they are in merger talks, Sazerac is now reportedly eyeing a deal with the Jack Daniel’s maker.