Diageo Acquires Cold Brew Coffee Liqueur Brand Mr Black

Diageo Acquires Cold Brew Coffee Liqueur Brand Mr Black

Global spirits conglomerate Diageo has acquired premium cold brew coffee liqueur brand Mr Black, in which it previously held a minority stake, the company announced today. Terms of the deal were not disclosed.

Topo Chico Spirited: Spirit-Based Offering Coming From Molson Coors in 2023

Topo Chico Spirited: Spirit-Based Offering Coming From Molson Coors in 2023

Topo Chico’s fated move into hard spirits is coming in 2023, via Molson Coors. On the heels of the fast-growing Topo Chico Hard Seltzer brand, Molson Coors will launch a spirit-based version of Topo Chico in key markets, such as the southwest and southeast and parts of the Midwest.

August US Beer Shipments +2.4%; YTD Shipments -4.2%, Per Beer Institute

August US Beer Shipments +2.4%; YTD Shipments -4.2%, Per Beer Institute

U.S. brewers shipped an estimated 14.6 million barrels of beer in August 2022, a 2.4% increase compared to August 2021, according to the Beer Institute (BI), citing domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).