Light lager brand Montucky Cold Snacks is “a big anchor” within Gallo’s total beverage alcohol strategy moving forward, as the wine and spirits giant enters the beer category, Gallo EVP and general manager Britt West told Brewbound.
Gallo is getting into the beer business via a strategic investment in Montucky Cold Snacks. The wine and spirits conglomerate that found success in recent years with spirit-based seltzer brand High Noon Sun Sips announced a partnership with the founders of the light lager brand.
After just barely missing the 1 million case mark in 2022, Montucky Cold Snacks is aiming for 1.4 million cases in 2023, Seamus Gallagher, VP of marketing, and Jeff Courteau, VP of sales, shared with Brewbound.
Montucky Cold Snacks closed a Series A investment round totaling $5.7 million, the Bozeman, Montana-headquartered light lager brewer announced Thursday. “Since 2012, Montucky Cold Snacks has attracted a large and growing customer base of people who want a great tasting lager that supports causes they believe in,” CEO and co-founder Chad Zeitner said in a… Read more »
This week’s Middle Tier Headlines include: Ska Brewing exits Texas; Cigar City begins exporting to Scandinavia; Maine Beer Company adds Georgia distribution; the NBWA releases the latest Beer Purchaser’s Index; and more news.
In this week’s edition of Last Call: Tivoli sues Montucky Cold Snacks over brand rights; President Trump’s trade war with China escalates; Jake Leinenkugel seeks medical marijuana study for military vets; New Belgium joins the American Hemp Campaign; H-E-B begins beer and wine delivery; and more news.