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Friday 12 February 2016

Business

Heineken takes control of Red Stripe

Heineken will take control of Jamaican lager Red Stripe in the UK from 1 January 2016, following a global deal with Diageo worth US$780.5 million.

Monday, December 21st, 2015 No Comments »

UK gin sales break £1bn for the first time

Brits are expected to drink 29 million litres of gin in 2015 with sales breaking £1 billion for the first time, up 25% since 2012.

Friday, December 18th, 2015 No Comments »

Gallo triples production capacity in Napa

Gallo has tripled its production capacity in Napa Valley with the purchase of The Ranch Winery, a grape-crush facility with a capacity of 30,000 tons.

Thursday, December 17th, 2015 No Comments »

Cotswold Distillery to crowdfund £1m expansion

An English distillery has reached its crowdfunding target of £500,000 in just one week, unveiling plans to launch a new whisky and double its production of the spirit.

Tuesday, December 15th, 2015 No Comments »

AB InBev to list on South African stock exchange

Anheuser-Busch InBev has announced plans to list on the Johannesburg Stock Exchange in January following its £71 billion takeover of SABMiller.

Monday, December 14th, 2015 No Comments »

Gallo to distribute Whyte and Mackay in the US

E&J Gallo Winery is to become the exclusive US importer for Whyte & Mackay, whose portfolio includes its Whyte & Mackay blended Scotch whiskies and single malt Scotch whiskies The Dalmore and Jura.

Wednesday, December 2nd, 2015 No Comments »

Diageo completes £117m South Africa restructure

Diageo has terminated a series of joint ventures with both Heineken and the Ohlthaver & List group, which holds a majority stake in Namibian Breweries, in South Africa.

Tuesday, December 1st, 2015 No Comments »

Beam Suntory sells Sherry and brandy business for €275m

Beam Suntory has confirmed it is to sell its Jerez-based brandy and Sherry business to the Philippines-based spirits producer Emperador for €275 million.

Monday, November 30th, 2015 No Comments »

Indies cautious of business rates change

Changes to the British business rates have been tentatively welcomed by wine retailers and representative bodies – but they warn they are unlikely to go far enough.

Thursday, November 26th, 2015 No Comments »

Distell boosts US spirits reach with Terlato

South African wine and spirits producer Distell has signed a deal with the Terlato Wine Group that will see both companies’ spirits interests in the US merge to form Terlato Artisan Spirits.

Thursday, November 26th, 2015 No Comments »

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