New Mill Capital, the asset disposition firm tasked with selling Milwaukee Brewing Company, has set a minimum offer at above $10 million for parties interested in the Wisconsin craft brewery, according to an email from the firm’s principal, Eric Weiler.
E-commerce beverage-alcohol platform Provi has filed a complaint against Southern Glazer’s Wine and Spirits and Republic National Distributing Company (RNDC) – the country’s two largest wine and spirits distributors – alleging that the companies have unlawfully stifled the growth of its platform.
Through the first two months of the year, shipments are down -6%, to 23.4 million barrels shipped, according to the Beer Institute (BI), citing domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Molson Coors is in the process of a packaging refresh for Keystone Light, chief legal officer Anne-Marie D’Angelo shared with the company’s distributor partners in a memo Tuesday afternoon. The company shared plans for the packaging refresh just days after a jury awarded Stone Brewing Company $56 million in its long-simmering trademark infringement lawsuit against Molson Coors.
Massachusetts state senators voted last week to continue outdoor dining and cocktails to-go allowances through April 1, 2023.
Leaders within the craft cider industry share how regional cideries are growing in 2022. American Cider Association executive director Michelle McGrath, Schilling Cider co-founder and CEO Colin Schilling, Swilled Dog Hard Cider & Spirits co-founder and CEO Brooke Glover, and ANXO Cider co-founder and president Sam Fitz discuss the state of the industry, retail gains and much more.
On-premise beer performance held strong last weekend (March 24-27) – a week after elevated St. Patrick’s Day sales – with a +4.1% increase in rate of sale (ROS) nationally compared to the prior period (March 10-13), according to the market research firm BeerBoard.
A bill introduced in the New Jersey state Senate last month proposes the creation of a new tax class for flavored malt beverages (FMBs). The bill would tax FMBs at $4.40 per gallon, far closer to New Jersey’s rate for distilled spirits ($5.50 per gallon) than for beer ($0.12 per gallon).
Ball Corporation and Carlsberg joined Heineken N.V. today in announcing plans to exit their business in Russia.
OldKnow Beverage Co. launched Verte Absinthe Spirited Seltzer last month, an absinthe-based ready-to-drink canned cocktails (RTD) that the Rabun Gap, Georgia-based company believes is the first on the market.
Citing shock and sadness due to Russia’s intensifying war on Ukraine, Heineken N.V said today that it will exit its business in Russia and no longer have a presence in the country. “Following the previously announced strategic review of our operations, we have concluded that Heineken’s ownership of the business in Russia is no longer… Read more »
A federal jury has awarded Stone Brewing $56 million in its trademark infringement lawsuit against Molson Coors Beverage Company, according to Courthouse News Service.
Cleveland-headquartered Great Lakes Brewing Company has hired long-time Boulevard Brewing brewmaster Steven Pauwels as its first chief operations officer, the company announced Thursday. Pauwels’ first day with Great Lakes will be April 4, a Great Lakes spokesperson shared with Brewbound.
In closing arguments Wednesday of Stone Brewing’s trademark infringement case against Molson Coors, the San Diego craft brewery’s attorney Noah Hagey urged jurors to award his client $216 million, according to Courthouse News Service.
