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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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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•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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•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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