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Home » mergers and acquisitions

Articles Tagged with ''mergers and acquisitions''

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Spirit of Gallo acquires Fishers Island Lemonade

May 3, 2023

Spirit of Gallo, Modesto, Calif., has announced that it will acquire Fishers Island Lemonade, Mystic, Conn., a female-founded beverage brand. With a 9% ABV, Fishers Island Lemonade is positioned as a leader in the premium RTD category with its full-flavor taste profile of barrel-aged whiskey and premium vodka— its four-pack is offered at $15.99, the company notes. Today, the Fishers Island Lemonade family also includes Fishers Island Half and Half (7% ABV) and Fishers Island Pink Flamingo (7% ABV) line priced with a suggested retail price of $15.99 for a four-pack along with variety eight-pack offerings.


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Wine Warehouse to join Breakthru Beverage Group

Acquisition is wholesaler’s third in past year
January 17, 2023

Breakthru Beverage Group, New York, announced that it has signed an agreement to acquire California-based Wine Warehouse, further expanding the company’s footprint to the largest U.S. beverage alcohol market. The transaction is expected to close this spring and is subject to usual and customary closing conditions.


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Brown-Forman completes acquisition of Diplomático Rum brand

January 6, 2023

Brown-Forman Corp., Louisville, Ky., announced that it has completed its acquisition of the Diplomático Rum brand and related assets from Destillers United Group S.L. (Spain). The company announced its agreement to purchase the brand in October 2022, giving Brown-Forman an entry into the growing super-premium-plus rum category.


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American Beverage Corp. acquires Poppilu

Kids’ lemonade brand strengthens company’s portfolio
November 15, 2022

Stamford, Conn.-based American Beverage Corp., a wholly-owned subsidiary of Harvest Hill Beverage Co., announced that it has acquired Poppilu, a lemonade brand for kids that was founded by food industry veteran-turned-momtrepreneur Melanie Kahn.


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E. & J. Gallo Winery acquires Denner Vineyards

Wine company adds luxury Rhône and Bordeaux varietal wines to portfolio
November 11, 2022

E. & J. Gallo Winery (Gallo), Modesto, Calif., announced that it has purchased Denner Vineyards, producer of critically acclaimed wines from California’s Central Coast. Located in the Willow Creek District of Paso Robles, the Denner Vineyards Estate, which was completed in 2005, includes a tasting room and a gravity-flow winery designed to fit into the rolling hillside of the surrounding vineyards.


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Next Century Spirits acquires XED Beverages

Spirits company adds SESH and HAPE Sake Spritz to portfolio
November 7, 2022

Raleigh, N.C.-based Next Century Spirits, a growing company that uses its proprietary blending and filtration technology for its portfolio of owned brands and a robust business-to-business and white label business, announced the acquisition of XED Beverages, a leading future-focused beverage company.


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Primo Water Corp. announces acquisition of Crystal Spring Water Co.

October 12, 2022

Primo Water Corp., Tampa, Fla., announced that Primo Water North America (PWNA), a wholly-owned subsidiary of Primo, has acquired substantially all the assets of Crystal Spring Water Co., a bottled water company based in Rhode Island.


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Shore Capital Partners, iTi Tropicals announce partnership

September 30, 2022

Shore Capital Partners announced it has completed a partnership with iTi Tropicals Inc. Founded in 1988, iTi has experienced tremendous growth under the leadership of President Gert van Manen and his world-class team.


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2022 Wholesaler of the Year
Cover Feature

2022 Wholesaler of the Year: Reyes Beer Division

Employee culture drives success for wholesaler
jessica Jacobsen
Jessica Jacobsen
September 8, 2022

For Reyes Beer Division, a business unit of Reyes Holdings, L.L.C., based in Rosemont, Ill., it’s the emphasis on employee engagement that it credits for fostering the “succeed as one” culture that it values so much.



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Bolthouse Farms finalizes acquisition of Evolution Fresh

Acquisition strengthens company’s leadership position in juice, refrigerated beverage categories
August 1, 2022

Bolthouse Farms, Bakersfield, Calif., has closed its acquisition of Evolution Fresh from Starbucks, Seattle. The acquisition includes the brand, business, and employees supporting Evolution Fresh. By uniting the two powerhouse brands, Bolthouse Farms looks to further accelerate the company’s leadership within the premium juice and refrigerated beverage categories in retail, it says.


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