Read the latest beer industry financial news and reporting relating to investment, mergers and acquisitions. Explore the biggest deals, as well as what the financial future looks like for breweries in terms of capital availability, deal terms, lending, and the strategic marketplace in order to help shape your planning strategy for the short and medium term.
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The first major piece of RNDC’s territory fire sale is now complete. Reyes’ mega deal for 11 RNDC markets closed at the end of business on Friday, adding 38 million cases to its more than 360-million-case business.
More dominos continue to fall as RNDC’s territory sell off continues. Leaders with Manhattan Beer & Beverage Distributors announced an agreement to acquire “distribution rights for a collection of wine and spirits brands” from RNDC’s New York joint venture with Opici Family Distributing.
Another piece of Republic National Distributing Company’s business appears to be on the move. Columbia Distributing has entered into a non-binding letter of intent to acquire “certain wine and spirits distribution rights” in Oregon and Washington state, as well as “an asset arrangement in Alaska.”
Philadelphia’s Evil Genius Beer Co. has acquired the 21st Amendment (21A) brand, reviving its offerings after the 25-year-old San Francisco brewery shut down last year.
Check out these news items, initially reported in the Brewbound Insider Newsletter April 13-15, including headlines from Constellation Brands, Anheuser-Busch InBev, Garage Beer and more.
Mark Anthony Brands announced it has struck a deal to acquire the Finnish Long Drink, the popular gin-based, ready-to-drink (RTD) canned cocktail. The company expects the transaction to close in the coming weeks.
Molson Coors-aligned Baker Distributing acquired fellow Vermont blue/silver network house Calmont Beverage last month, according to a memo to suppliers obtained by Brewbound.
Check out news items initially reported in the Brewbound Insider Newsletter April 2-3, including headlines from the Brewers Association, Molson Coors, Sierra Nevada and more.
Dallas-based Four Corners Brewing Company and Oklahoma City-based Coop Ale Works “have combined operations” in a “strategic merger” to create the Frontier Beverage Collective, according to an April 1 note shared with distributor partners and obtained by Brewbound.
In the wake of major shakeups in the middle-tier that will see the largest distributors getting even bigger and major manufacturers adding brands to their portfolios, Fingers newsletter author Dave Infante joins the Brewbound Podcast to recap a wild couple of weeks in the bev-alc industry.
Tilray Brands’ hit a company revenue record in Q3, generating $207 million in the quarter, but there was little help from the global cannabis firm’s bev-alc brands.
Firestone Walker is taking over U.S. production of Trumer Pils and acquiring the U.S. rights of the craft pilsner from The Gambrinus Company, the companies announced today.
Constellation Brands has agreed to terms to acquire HOPWTR, expanding the beer and spirit giant’s presence in the fast-growing non-alcoholic space. The deal comes roughly five years after Constellation’s initial investment in HOPWTR in 2021 through its Venture division.
Hours after a Bloomberg report sent the beverage-alcohol rumor mill into overdrive about a potential deal between spirits giants Pernod Ricard and Brown-Forman, both companies confirmed Thursday evening that they are in talks.
Multi-state distribution platform/consolidator KEG 1 has inked a deal to acquire a “controlling equity” stake in Pine State Trading Co., the fourth-generation, family-owned New England distributor with operations in Maine and New Hampshire.