Articles Tagged with ''mergers and acquisitions''

Molson Coors Brewing Co., Denver, announced that it has made a number of new leadership appointments that will take effect upon the close of its acquisition of Chicago-based MillerCoors, which is expected before the end of the year, it says.

London-based SABMiller plc announced that the U.S. Department of Justice (DOJ) has given its clearance for the proposed combination of Anheuser-Busch InBev (AB InBev), Leuven, Belgium, and SABMiller. 

E. & J. Gallo Winery (Gallo), Modesto, Calif., announced that it has purchased Orin Swift Cellars, Rutherford, Calif. 

Premium spirits company Milestone Brands LLC, Austin, Texas, announced the acquisition of American Born Moonshine from Nashville, Tenn.-based Windy Hill Spirits. Milestone Brands LLC, which also recently acquired Dulce Vida Tequila, was formed in February by Eric Dopkins, former chief executive officer of Deep Eddy Vodka, and Chad Auler, co-founder of Deep Eddy Vodka. 

Delicato Family Vineyards, Manteca, Calif., announced that it has acquired the historic Santa Lucia Highlands vineyard estate long known to locals as River Road Vineyard from Monterey's McFarland family. The purchase of the 243 acres will strengthen Delicato Family Vineyards' presence in California's leading appellations, including Monterey, Lodi and Napa Valley, the company says.

St. Louis-based Anheuser-Busch, a division of Anheuser-Busch InBev, announced an agreement to acquire Roseland, Va.-based Devils Backbone Brewing Co., a leading and fast-growing craft brewery in Virginia.

Dr Pepper Snapple Group Inc. (DPS), Plano, Texas, announced that it has increased its equity investment in Beverly Hills, Calif.-based BA Sports Nutrition LLC, owner of BodyArmor, a line of premium sports drinks. An additional $6 million stake will build on the initial $20 million investment announced in August 2015 and raises DPS's ownership position from 11.7 percent to 15.5 percent, the company says.

The National Honey Board, Firestone, Colo., released results from an independent consumer research survey that found that 93 percent of consumers consider honey a “natural” sweetener, and 48 percent of those consumers say they look for product labels that include honey, the association says.