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Archive for August, 2015

Distell appoints finance director

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Distell has announced the appointment of Lucas Verwey to the role of finance director. Read more

Heaven Hill Acquires Impact “Hot Brand” Deep Eddy As Its Torrid Growth Continues

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Heaven Hill Brands has agreed to acquire Deep Eddy vodka, one of the U.S. spirits market’s hottest brands, for an undisclosed sum. Founded just five years ago by entrepreneurs Clayton Christopher and Chad Auler, Austin, Texas-based Deep Eddy ($19.99 a … Continue reading

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Alert: Heaven Hill to Acquire Deep Eddy

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Heaven Hill Brands is acquiring Texas-based Deep Eddy Vodka. Deep Eddy is one of the fastest growing vodka in the US. Since its introduction in 2010, the brand has grown to 500,000 cases and includes five products. Deep Eddy president Eric Dopkins says... Read more

Night Picking

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Wine And Spirits Exporters Tap Into China’s Booming E-Commerce Channel

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The explosive growth of China’s e-commerce channel is giving spirits and wine imports a direct conduit to the nation’s expanding ranks of middle-class consumers, drinks marketers say. E-retail operators like Alibaba and JD are now playing a major role in … Continue reading

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News Briefs for August 20, 2015

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•Oregon’s Willamette Valley Vineyards has launched a preferred stock offering in an effort to raise $6 million to fund two new wineries. The offering, which provides a 5.3% dividend at its initial $4.15 share price, calls for a minimum purchase … Continue reading

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Craft Brewing and Distilling News for August 20, 2015

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•With craft beer growth ongoing, Brooklyn Brewery is considering selling an equity stake to fund a major expansion project, Reuters reports. The company is looking to build a $150 million brewery in New York City, likely in Staten Island, to … Continue reading

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Willamette Valley Vineyards makes stock offer to fund wineries

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Willamette Valley Vineyards has made a stock offer in an attempt to raise US$6m to fund two new wineries. Read more

O’Danagher’s Single Barrel Whiskey

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Dry Fly Distilling, an American-made, small-batch distiller of vodka, gin and whiskies, is launching O’Danagher’s Single Barrel Whiskey, a ‘Hibernian’ Irish style whiskey in collaboration with local whiskey maker Tim ... Read more

Domestic market boosts Distell’s FY results

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South African drinks company Distell has seen full-year net profits fall despite a sales increase as it upped staff levels and other costs. Read more