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Southern Glazer’s Wine & Spirits’ ambitions for Anheuser-Busch InBev’s portfolio aren’t limited to New York. The wine and spirits juggernaut has struck another deal for a red network distributor, this time for the assets of Eagle Rock Distributing Co. in Colorado.
Molson Coors has struck a deal to acquire spirits-based, ready-to-drink (RTD) cocktail pioneer Atomic Brands, whose Monaco Cocktails entered the then-nascent space in 2012. The deal should come as no surprise, as it aligns with Molson Coors’ goals to expand its beyond beer portfolio, part of the Horizon 2030 plan CEO Rahul Goyal outlined earlier this year.
A pair of big red network distribution deals were announced in the last 24 hours. Anheuser-Busch InBev has agreed to purchase the distribution rights of its brands, as well as “certain craft/NA brands,” from Advance Beverage Company in Bakersfield, California. Meanwhile, Southern Glazer’s Wine & Spirits inked a deal for independent A-B distributor Clare Rose on Long Island.
Adam Warrington, who led Anheuser-Busch’s corporate social responsibility team for nearly three years, has left the world’s largest beer manufacturer.
Everything’s bigger in Texas and America’s oldest brewery is hoping that beer sales will be too. This fall, the Lone Star State will be the first new market to receive D.G. Yuengling & Son beer as part of the Pennsylvania brewery’s joint venture (JV) with Molson Coors Beverage Company, the companies announced in a press release.
Your Cousin from Boston is going to the Super Bowl. Boston Beer Company is investing in a Super Bowl spot that will run during the big game on February 7 in the New York and Boston markets to help boost the reincarnation of its New England IPA brand as Wicked Hazy.
The brewing industry produces 9 million metric tons of spent grain annually, and rather than discard it, Anheuser-Busch InBev-backed ingredient supplier EverGrain is giving the nutrient-rich brewing byproduct a second chance as a food and beverage ingredient.
Michelob Ultra Organic Seltzer, one of several major hard seltzer launches of 2021, has arrived on shelves in variety 12- and 24-packs and 25 oz. single-serve cans.
As it continues to develop new non-alcoholic brands in a myriad of categories, the Molson Coors Beverage Company announced today that it will enter the energy space with ZOA, a new better-for-you energy drink co-founded by actor Dwayne “The Rock” Johnson.
The biggest challenge the producer of popular Mexican import brands Corona, Modelo and Pacifico faced in 2020 came in March when the Mexican government ordered the shutdown of all manufacturing industries, including beer. This pause in production led to depleted inventory that was still being replenished into the third quarter and created a gap between shipments (sales to wholesalers) and depletions (sales to retailers) growth.
Brewbound readers in 2020 sought out news about the pandemic, mergers and acquisitions, brewery closures and job changes. 2020 marked a year of shifts for brewers, as well as Brewbound, which shifted its business model to a subscription model. With that in mind, we’ve pulled the five most-read stories before the paywall was introduced and the five most-read stories after.
The Atlanta Hawks have been named Anheuser-Busch InBev’s “NBA Partner of the Year,” team executives tell Brewbound. The difference maker for the Hawks: an in-arena activation with rap superstar Big Boi, who was featured on limited edition 25 oz. Budweiser cans sold within the Atlanta market and at the team’s home arena, State Farm Arena.
Industry watchdog group Alcohol Justice is urging California Attorney General Xavier Becerra to conduct an independent investigation of Anheuser-Busch InBev and Reyes Holdings for what it believes could be antitrust violations related to acquisitions each company has made in the state.
Molson Coors Beverage Company is further solidifying its relationship with L.A. Libations by investing in Arriba, a brand of michelada mixers operated by the California-based incubator.
2021 will mark a “big bet” year for Golden Road within Anheuser-Busch. The world’s largest beer company via its craft business unit, the Brewers Collective, will increase its investment in the Los Angeles-based craft brewery that it acquired in 2015 by seven times in 2021.
Elysian Brewing will try to rocket flagship Space Dust IPA to another stratosphere in 2021. The Anheuser-Busch InBev-owned, Seattle-headquartered craft brewery’s goal is to make fast-growing Space Dust the nation’s top selling IPA.
Goose Island is getting into the lemonade flavor game — but not with a hard seltzer. The Anheuser-Busch InBev-owned, Chicago-headquartered craft brewery will release a line extension of its flagship 312 Urban Wheat Ale this coming spring, with 312 Lemonade Shandy.
