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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.
Nearly five months after ceasing production at its hometown brewery, Tilray-owned Hop Valley (Eugene, Oregon) will close the brewery’s taproom as it scouts a new location, a spokesperson told Brewbound.
As Constellation Brands navigates uncharted stormy waters, the company’s leadership remains focused on “controlling the controllables,” CEO Bill Newlands said Tuesday.
City Brewing & Beverage has completed a transfer of control to a new ownership group made up of some of the multistate contract manufacturer’s existing lenders.
Could Mark Anthony Brands be shuttering its first-ever owned production facility for White Claw, Mike’s Hard Lemonade and Cayman Jack? The future of Mark Anthony Brewing’s production facility in Hillside, New Jersey, is unclear as the company has filed notice that 143 workers will be affected by job cuts this fall.
In a tectonic shift in the distribution landscape, Anheuser-Busch InBev announced plans to sell its wholly owned distributor (WOD) in New York City to Southern Glazer’s Wine & Spirits.
Monster Beverage Corporation surpassed the $2 billion quarterly net sales milestone for the first time in the company’s history, reporting an 11.1% year-over-year increase in its Q2 2025 earnings report this week. However, Monster’s alcohol ambitions have faltered, falling 8.6% to $38 million.
Ball Corporation is making beer a smaller part of its mix after over-indexing in the category, CEO Daniel Fisher shared during the company’s Q2 earnings report earlier this week.