Archive for March, 2016

The U.S. market’s top super-premium liqueur brand has a new owner. As Shanken News Daily reported earlier today, Italy’s Gruppo Campari has agreed to acquire Grand Marnier through a friendly takeover. Campari America will now handle the liqueur brand, effective … Continue reading →

The post Campari’s $760 Million Deal For Grand Marnier Shakes Up The Liqueur Market appeared first on Shanken News Daily. Read more

It’s no secret that E.&J. Gallo Winery and Constellation Brands are powerhouses in the U.S. wine market. Indeed, the two companies comprise more than 35% of the market’s volume, according to Impact Databank. When it comes to fast-rising brands, Gallo … Continue reading →

The post Exclusive: Gallo, Constellation Claim Nearly Half Of Domestic Wine’s “Hot Brands” appeared first on Shanken News Daily. Read more

•The Fresh Market retail chain has agreed to be acquired by private equity Apollo Global Management for $1.36 billion, a 24% premium over the company’s Friday closing price. Kroger had been in the hunt for The Fresh Market, along with … Continue reading →

The post News Briefs for March 15, 2016 appeared first on Shanken News Daily. Read more

•Colorado’s Oskar Blues Brewery has acquired Tampa, Florida-based Cigar City Brewing for an undisclosed sum. Under the deal, Cigar City founder Joey Redner will remain CEO of the brewery. Established in 2009, Cigar City is known for its Jai Alai … Continue reading →

The post Craft Brewing and Distilling News for March 15, 2016 appeared first on Shanken News Daily. Read more

Gruppo Campari is poised to gain control of venerable French liqueur brand Grand Marnier through a friendly takeover. The Italian drinks group has reached an agreement with the controlling family shareholders of Société des Produits Marnier Lapostolle S.A. (SPML) for … Continue reading →

The post Grand Marnier Sold To Campari For $760 Million appeared first on Shanken News Daily. Read more