Martignetti Plans To Acquire RNDC’s Control State Markets; RNDC Eyes Further Deals
Republic National Distributing Company (RNDC) plans to shed the majority of its remaining business, with another transaction divesting from 17 states.
Republic National Distributing Company (RNDC) plans to shed the majority of its remaining business, with another transaction divesting from 17 states.
Carbliss pushes into two major new markets, Mark Anthony’s Canadian ready-to-drink (RTD) tequila cocktail expands across the U.S., and ShakeUp transitions to a beer house.
Hip hop legends and budding beverage entrepreneurs Dr. Dre and Snoop Dogg are moving their ready-to-drink (RTD) line to the next episode with Dre & Snoop’s Hard Iced Teas & Lemonades.
A handful of brands and vendors control the majority of hard tea ready-to-drink (RTD) dollars, according to a new analysis from Bump Williams Consulting (BWC).
As ready-to-drink (RTD) margaritas continue to outpace the hottest new styles, Suntory Global Spirits’ On The Rocks is aiming to cement its place on the shelf with two new margarita releases announced today.
Hip-Hop duo Run The Jewel’s ready-to-drink (RTD) cocktail, Juice Runners, has landed $2 million in seed money.
Sazerac made an approximately $15 billion bid for Brown-Forman, according to a new report from the Wall Street Journal.
Springtime must be here because total bev-alc dollar sales flipped to positive (+0.5%) in the two-week period ending April 4 – a sequential improvement from -0.8% in the four-week window and -1.2% in the twelve-weeks, according to the latest analysis of NIQ data from Goldman Sachs Equity Research.
No Sleep Beverage, whose portfolio includes popular lifestyle brands Juliet Wine and Madre Mezcal, will expand from a venture and consulting firm to full portfolio operator – kicked off through the acquisition of three independent brands and plans for further acquisitions.
Weeks after Brown-Forman and Pernod Ricard confirmed they are in merger talks, Sazerac has entered the chat – but analysts are skeptical that the two whiskey giants can make a deal.
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Mark D. Anderson, the founder and former CEO of shuttered Drake’s Organic Spirits, alleging he orchestrated a years-long investor fraud scheme that raised $2.4 million.
Sazerac is now reportedly eyeing a deal with Brown-Forman, weeks after the Jack Daniel’s maker and Pernod Ricard confirmed that they are in merger talks.
Major spirits groups are approaching moderation trends in different ways – for the Milan-based parent company of Fernet-Branca, that means investing in new technology.
What impact could the consolidation of two spirits industry titans have on smaller, independent suppliers?