Lion Acquires Australia’s Stone & Wood Brewing Parent Company Fermentum
Australian beverage company Lion has acquired The Fermentum Group, the parent company of Stone & Wood Brewing, according to Australian Brews News.
Australian beverage company Lion has acquired The Fermentum Group, the parent company of Stone & Wood Brewing, according to Australian Brews News.
Portland, Oregon’s Great Notion Brewing has struck a multi-year partnership agreement with the Portland Trail Blazers that will lead to the craft brewery’s flagship Ripe IPA to be sold at the NBA franchise’s home arena, the Moda Center.
Anheuser-Busch InBev is launching Stella Artois Liberté, a non-alcoholic (NA) offering for “beer lovers who want to enjoy a beer, but who want the option to reduce their alcohol consumption.”
The ready-to-drink canned cocktail segment continued to grow over the Labor Day holiday weekend increasing its share of the liquor category from 4% to 7% year-over-year (YOY) on the e-commerce alcohol delivery platform Drizly.
Contract brewer Community Brewing Ventures (CBV) has acquired the intellectual property of Charlotte, North Carolina’s Unknown Brewing Company, and will continue production of its beer brands.
Boston Beer Company (BBC) has agreed to a five-year, $3.42 million deal with Peak Processing Solutions, a licensed developer, manufacturer, and distributor of recreational and medical cannabis products in Canada.
Drizly, the Boston-based alcohol e-commerce platform, announced its expansion throughout Portland and Eugene, Oregon, Monday with the addition of 17 new partnership locations.
The volume compound annual growth rate (CAGR) for premium and above-premium vodka in the US market has steadily decreased since 2015, dropping -3.1% from 2015 to 2019, and -3.5% in 2020 alone, according to the market research firm IWSR Drinks Market Analysis.
Breakthru Beverage Group has tapped National Restaurant Association president and CEO Tom Bené as its next CEO, effective October 4.
As Louisiana begins to tackle the all-too-familiar damage of Hurricane Ida, Faubourg Brewing Co. is giving back to the community it calls home.
A plan that would allow Canadian cannabis company Tilray to issue additional shares needs more votes, CEO Irwin D. Simon wrote to shareholders yesterday in a letter.
Businesses may have to prepare for less frequent on-premise visits this fall, as consumers are becoming increasingly more wary of visiting bars and restaurants with rising COVID-19 cases, according to a study released yesterday by investment banking and financial services firm Jefferies.
A false marketing suit against Anheuser-Busch InBev (A-B) and its Miami-based Veza Sur brand was dismissed by a U.S. district court judge in Miami last week, which included a district court judge referring to the definition of a craft brewery as “a subjective term,” according to Law360.
San Diego-based Mission Brewery was sold in late July to a California holding company led by Kenneth Little, a partner in Brandes Investment Partners, according to documents filed with the California Secretary of State’s Office.