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acquisitions

news

Bacardi Enters the American Whiskey Category with Angel’s Envy

Bacardi Limited is about to enter the American whiskey category reports Business Wire. The corporation recently acquired Louisville-based Angel's Share Brands, Louisville Distilling Co. and its Angel's Envy brand. The acquisition was a strategic…

  • story: Danielle Bergere
clos des lambrays vineyard burgundy lvmh
Wine

Grand Cru or Brand Cru? LVMH’s Symbolic Move Into Burgundy

Burgundy has always seemed immune to luxury branding. But LVMH's recent purchase of a storied grand cru vineyard has many worried that the region is amidst a cultural reorganization that's…

  • story: Zachary Sussman
  • photo: Commons
news

Bitters Unite: Campari Buys Averna

Italian spirits company Gruppo Campari announced its move to buy Sicilian bitters company Fratelli Averna for $143 million today according to Reuters. It is the first in a series of…

  • story: Leslie Pariseau
news

Did Jim Beam Break the Spell of its Own Mythology?

The news of Suntory's  $13.6 billion acquisition of Jim Beam made a cannonball wave early this week as the first major market acquisition of 2014. The deal included the sale of…

  • story: Leslie Pariseau
news

Kentucky Meets Japan in Suntory Acquisition

Japanese whisky company Suntory will be making the first large market acquisition of 2014 with its $13.6 billion dollar purchase of Jim Beam, which includes Maker's Mark bourbon and Laphroaig Scotch…

  • story: Leslie Pariseau
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The Wines of Right Now

We spoke to 150 sommeliers and retailers around the country to assemble a list of the 15 producers who represent the wine zeitgeist right now.

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