Southern Glazer’s to Acquire Horizon Beverage, Adding Massachusetts and Rhode Island to Footprint
Southern Glazer’s Wine & Spirits has plans to acquire Horizon Beverage Group, Southern Glazer’s announced today.
Mergers & Acquisitions
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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Featured Mergers & Acquisitions Content
Anchor Brewing Acquired by Billionaire Chobani Founder
Anchor Brewing’s future was revealed today with the announcement that Hamdi Ulukaya, the billionaire founder and CEO of yogurt and dairy brand Chobani, has acquired the craft brewery and its 2.17 acre property in San Francisco’s Potrero Hill neighborhood, according to The San Francisco Standard.
Gallo GM on Montucky Partnership, Why Lager Brand is ‘1-of-1’ and Waterbird and Salt Point Acquisitions
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.
Additional Content
Jack’s Abby CEO Sam Hendler on Wormtown Acquisition, Be Hoppy IPA and Brand Interaction
Fresh off the announcement that he and his brothers and business partners have struck a deal to acquire Worcester, Massachusetts-based Wormtown Brewery, Jack’s Abby co-founder and CEO Sam Hendler discussed the deal in depth with Brewbound.
Jack’s Abby to Acquire Wormtown Brewery Under New Parent Company Hendler Family Brewing
Jack’s Abby will acquire fellow Massachusetts-based craft brewery Wormtown Brewery, and will operate the two breweries under the newly created parent company Hendler Family Brewing Co.
FX Matt Acquires ’Merican Mule Canned Cocktails
FX Matt Brewing Company has made another strategic acquisition, this time in the spirits category.
Kroger/Albertsons: 166 Stores and Support Assets Added to Divestiture Plan with C&S
Two months after the Federal Trade Commission (FTC) completed a review of Kroger and Albertsons’ proposed supermarket mega-merger and filed a lawsuit to block the deal, the grocery chains have added more store locations and assets to an updated version of their definitive divestiture agreement with C&S Wholesalers.
Pernod Ricard’s Ace Beverage Group Acquires Canadian RTD Nude
Pernod Ricard-owned Corby Spirit and Wine, Canada’s second largest marketer and distributor of spirits and wines, has agreed to purchase RTD brand Nude for $8 million ($11 million CAD).
Seattle Hospitality Group to Acquire Fremont Brewing
Pike Brewing owner the Seattle Hospitality Group (SHG) has reached a “definitive agreement” to acquire a “controlling interest” in Fremont Brewing, the company announced today.
Backpocket and SingleSpeed Form Brewery Collective in Iowa
A pair of Iowa breweries have started a collective, while maintaining independent ownership. Backpocket Brewing in Coralville and SingleSpeed Brewing in Waterloo have linked up under the Parallel Brewery Collective umbrella. As of mid-February, the breweries are working under a shared-service agreement, with a shared sales team now offering both breweries’ portfolios, and are working together on supply chain procurement.
Becoming an Attractive Target: Four Keys to Securing Investment for Spirit Companies
What makes a spirit company a good target for acquisition? That’s the question a panel of experts answered at the DISCUS annual conference in San Diego last month.
Mad River Acquired by Paskenta Band of Nomlaki Indians
Blue Lake, California-based Mad River Brewery has been acquired by the Paskenta Band of Nomlaki Indians, who own and operate the Rolling Hills Casino and Resort in Corning, California.
Sazerac to Acquire BuzzBallz RTD Brand
Spirits giant Sazerac announced today plans to acquire Southern Champion’s ready-to-drink (RTD) portfolio, including BuzzBallz, the spherical wine-, spirit- and malt-based cocktail brand.
Beer Industry Vets Acquire Cicerone Certification Program
Founder Ray Daniels has sold the Cicerone Certification Program to Dan Imdieke and Jason Pratt, the organization announced today.
Craft Collective and Homegrown Distribution Strike ‘Tentative’ Deal to Merge
Two New England craft-centric distributors are expected to merge operations. Craft Collective and Homegrown Distribution, which both have statewide coverage in Massachusetts and Rhode Island, “have reached a tentative agreement to combine operations, subject to regulatory approval,” leaders from both wrote in a letter to suppliers dated today obtained by Brewbound. “The purpose of our… Read more »
JuneShine Acquires Flying Embers in All-Stock Deal
San Diego-based hard kombucha and canned cocktail (RTD) maker JuneShine will acquire beyond beer brand Flying Embers in an all-stock transaction, the company announced today.
Kroger/Albertsons vs The FTC: What Happens Next?
As speculated last week, the next challenge for the proposed $24.6 billion merger between Kroger and Albertsons is coming from the federal government. The Federal Trade Commission (FTC) today announced it has filed a lawsuit to block the merger in the U.S. District Court for the District of Oregon, alongside a bipartisan group of nine attorneys generals from Arizona, California, the District of Columbia, Illinois, Maryland, Nevada, New Mexico, Oregon and Wyoming.