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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.
As athletic consumers look to cut sugars and artificial ingredients from their sports drink intake, BioSteel Sports Nutrition is aiming to compete head-on with category leaders via a new all natural, zero-sugar, RTD Tetra Pak line launching this month.
Overall beer purchasing intention expanded at wholesalers nationwide last month, according to the National Beer Wholesalers Association monthly Beer Purchasers’ Index (BPI).
In the wake of selling its Colorado distribution operations, Anheuser-Busch plans to eliminate 400 jobs at those branches effective December 4.
In a summer plagued with out-of-stock issues, Constellation Brands’ beer depletions still increased 4.7% in the second quarter of the company’s fiscal year, the company shared today.
Anheuser-Busch InBev is cashing in on the popularity of its Michelob Ultra beer brand and launching Michelob Ultra Organic Seltzer, expanding its core portfolio to six hard seltzers, the company announced today.
Two years after the distribution shakeup of 2018, the aftershocks continue to be felt, as Anheuser-Busch InBev continues to reshuffle its network. The world’s largest beer manufacturer today said it struck an agreement to acquire the assets of Ace Beverage in Los Angeles, just two weeks after agreeing to sell off its distribution operations in… Read more »
Philadelphia-based coffee roaster La Colombe has entered into an exclusive partnership with Molson Coors Beverage Company to distribute the brand’s ready-to-drink coffee products in the drug and convenience channels starting in 2021. Eventually, the companies plan to expand distribution over time to all channels via the Molson Coors network.
Twelve days after the U.S. Department of Justice approved the acquisition of Craft Brew Alliance by Anheuser-Busch, the two companies have completed their merger and shared details about the new structure of the Brewers Collective, A-B’s craft division.
Molson Coors Beverage Company believes that it finally has a portfolio of brands to win in the hard seltzer segment, after announcing a multiyear partnership Tuesday that allows the company to use the Topo Chico trademark to produce, market and distribute a much-anticipated hard seltzer brand in the U.S.
Just 15 days after announcing a joint venture with Yuengling to distribute the Pennsylvania brewery’s beer west of the Mississippi River, Molson Coors today announced a deal with The Coca-Cola Company to manufacture, market and distribute Topo Chico Hard Seltzer in the U.S.
New Belgium will wade into the increasingly crowded hard seltzer segment next year with Fruit Smash, Brewbound has confirmed. Massachusetts’ Trillium Brewing reopened its popular beer garden on Boston’s Rose Kennedy Greenway today for its fourth season.
Anheuser-Busch announced today a partnership with the United Negro College Fund (UNCF) to award 25 scholarships annually to Black students pursuing STEM majors applicable to careers in the brewing industry.
Heineken has entered the increasingly crowded hard seltzer segment with two different brands in different parts of the world. And After announcing the end of a tariff exemption for Canadian aluminum last month, President Donald Trump has changed his mind, according to a statement last week from the office of the U.S. Trade Representative.
The long proposed marriage of Anheuser-Busch InBev and Craft Brew Alliance (CBA) appears to be mere months away from consummation. The U.S. Department of Justice on Friday gave its blessing to A-B’s proposed acquisition of the remaining stake in CBA — a deal finally reached in November 2019.
