Archive for December, 2015

This year millennials became the nation’s largest spending block, eclipsing baby boomers for the first time. Although some millennials haven’t reached legal drinking age yet (baby boomers still account for at least half the wine market), they represent the future … Continue reading →

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Amid a flurry of dealmaking in the booming craft beer industry, New Belgium Brewing Co. is reportedly seeking a buyer. The price tag for the Fort Collins, Colorado-based New Belgium—long one of the leading craft players—would likely top $1 billion. Late last … Continue reading →

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Anheuser-Busch InBev has agreed to acquire Tempe, Arizona-based Four Peaks Brewing Company. Founded in 1996, Four Peaks expects to sell about 70,000 barrels this year, with a lineup including flagship Kilt Lifter Scottish-Style Ale—accounting for 60% of sales—as well as … Continue reading →

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•Importer MundoVino, part of the The Winebow Group, has appointed Diego Lo Prete to the role of senior vice president. In his new role, Lo Prete will be based out of The Winebow Group’s Richmond, Virginia headquarters and will report … Continue reading →

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•St. Louis-based Schlafly Beer has extended its year-round lineup with the launch of Grapefruit IPA. Fermented with a natural grapefruit puree, the 5%-abv entry is brewed with Citra, Cascade and Chinook hops and an American ale yeast. Grapefruit IPA will … Continue reading →

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