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Archive for September, 2016

Craft Brewing and Distilling News for September 28, 2016

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•Seattle-based Two Beers Brewing and sister company Seattle Cider have merged with French agribusiness cooperative Agrial Group. Financial terms weren’t disclosed. Agrial, the largest cider producer in France, will help the Seattle-based brands—which will continue to operate independently under founder … Continue reading

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South Africa’s Remgro eyes SABMiller’s Distell shares

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South African conglomerate Remgro has said it is considering a move for SABMiller's stake in wine and spirits group Distell. Read more

Global water targets risk hiding local concerns – Sustainability Spotlight

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Coca-Cola's recent water-replenishment achievements underline the company's status as a leader in sustainability within the drinks sector. However, Ben Cooper writes, an even greater focus on specific areas of water stress from all drinks companies looks certain to be required to take industry engagement on water to the next level. Read more

Cuervo Officially Files for IPO in Mexico

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Following months of speculation and rumors, the Beckmann family, owner of Casa Cuervo, has officially filed for an initial public offering on the Mexican stock exchange, reports Reuters. The IPO filing didn't reveal much, but you may recall, previous r... Read more

From crass to craft – The aluminium can’s role in the future of beer – Comment

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In the beer category, the aluminium can was until recently considered the bastion of the big brand. Here in the UK, this continues to be the case: There are still stacks of them flanking supermarket entrances in all their 20x44cl pack glory. Read more

Cuervo Files For IPO On Mexican Stock Exchange

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In a long-awaited move, Casa Cuervo, owned by the Beckmann family, has filed a prospectus for an initial public offering on the Mexican stock exchange, according to published reports. The company didn’t disclose any projections for the offering, but Bloomberg … Continue reading

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Exclusive: Impact Salutes Drinks Industry’s “Blue Chip Brands”

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Shanken’s Impact Newsletter has released its annual list of Blue Chip Brands, highlighting the wine, spirits and beer business’s household names. Some 62 brands from across the drinks industry met Impact’s criteria for joining this exclusive honor roll. In the … Continue reading

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Alert: Stoli Group CEO Steps Down

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Stoli Group ceo Robert Cullins is leaving the company, effective October 15. This is a result of a "joint decision" as part of the company's "restructuring and ongoing plan to accelerate international growth and development," per a release. Read more

Super-Premium Growth In U.S. Drives Record Profits For William Grant

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While challenges abound across the global spirits market, rising upscale sales in the U.S. are driving gains for William Grant & Sons. In figures just released, William Grant revealed that it reached a record profit of £147 million ($191m) in … Continue reading

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News Briefs for September 27, 2016

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•SPI Group has announced that Robert Cullins, CEO of the company’s Stoli Group subsidiary, will step down effective October 15. SPI called the move “a joint decision” and part of an ongoing restructuring aimed at accelerating international growth. SPI Group … Continue reading

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