Known as an aggressive acquirer of leading luxury brands, Moët Hennessy has started from scratch with the creation of a new super-premium Sonoma wine franchise called Smoke Tree. Rolling out to market tomorrow, Smoke Tree includes a Sonoma County Pinot … Continue reading →
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Brown-Forman is considering a sale of several brands, including the Southern Comfort and Chambord liqueur labels, according to a report from Reuters, which added that the company has tapped Goldman Sachs to advise on the potential deal. Brown-Forman declined to … Continue reading →
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New York-based private equity firm LNK has acquired a 15% stake in Dogfish Head, one of the country’s leading craft brewers. While financial terms of the deal weren’t disclosed, LNK says that it typically invests $50-to-$150 million in companies. The … Continue reading →
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•Diageo is reportedly looking to sell certain global wine brands in its portfolio, including Blossom Hill and Piat d’Or, according to Sky News. Citing unnamed sources, Sky said Treasury Wine Estates was the most likely purchaser, and that a deal … Continue reading →
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