Harvest Hill Beverage Company, best known as the maker of kids drink brands SunnyD and Juicy Juice, has agreed terms for its acquisition by Guatemalan business group Castillo Hermanos, in partnership with private investment firm Centervew Capital. Terms were not disclosed, though a report in the Wall Street Journal pegged the deal at around $1.5 billion.
President Donald Trump’s reveal of sweeping tariffs on Wednesday included a 25% tariff on all imported beer and empty aluminum cans. Those tariffs are expected to go into effect at 12:01 a.m. EDT Friday, April 4.
What’s going on in the country’s second-densest craft beer state? The Brewbound team hit the road to Portland, Maine, to find out. While in town for the New England Craft Brew Summit, Brewbound managing editor Jess Infante and senior reporter Zoe Licata checked in with 3 leaders to take the pulse of Maine’s formidable (and cheerfully collaborative) craft scene.
Off-premise trends across beverage-alcohol suggest an even bleaker year ahead for the industry than “what we already limped through in 2024,” according to the latest monthly update from Bump Williams Consulting (BWC) and founder Bump Williams.
Another day, another Colorado craft beer deal. Longmont-based Left Hand Brewing and Aurora-based Dry Dock Brewing announced they have merged under the craft-centric, crowd-funded platform Left Hand revealed plans to build last year.
St. Patrick’s Day gave the on-premise a welcome boost, but it wasn’t completely sunny for the bev-alc industry, according to the latest report by CGA, the on-premise arm of market research firm NIQ.
U.S. adult non-alc (ANA) sales may be closing in on the $1 billion mark, but many bars – including some of the country’s upper echelon – aren’t on board yet with slanging zero-proof cocktails.
The Colorado-based Wilding Brands platform has grown again. Denver-based Great Divide Brewing has been acquired by the parent company of Stem Ciders, Denver Beer Co. and several other brands.
Hand Family Companies made a splash Monday with a deal to enter the Southern California market through the acquisitions of Stone Distributing and Classic Beverage, creating a new subsidiary, Sunset Distributing. Speaking to Brewbound, HFC president and CEO JR Hand said he expects Sunset to “be the dominant wholesaler in the craft space in Southern California.”
The On Premise universe grew in December, particularly driven by openings of Casual dining outlets, which were the most common venue type.
Hand Family Companies (HFC) has made a blockbuster deal to add Stone Distributing Company and Classic Beverage in Southern California to its newly formed Sunset Distributing subsidiary, the multistate independent Anheuser-Busch distributor announced today.
Advocating for the federal government to untangle distilled spirits from tariff policy was the major theme at the annual Distilled Spirits Council of the U.S. (DISCUS) conference in Washington, D.C., last week.
Distributor sentiment for the beer category continued to fall this month, according to the latest Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA).
Anheuser-Busch InBev (A-B) continues to reshuffle its craft brewing operations. The world’s largest beer manufacturer announced a $1 million investment in Wicked Weed’s Asheville, North Carolina-based operations that coincides with the winding down of operations at its 104,000 sq. ft. production facility in Portsmouth, New Hampshire, “over the next few months.”
