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2 Firms Agree to Acquire RNDC Michigan Business
Great Lakes Wine & Spirits (GLWAS) agreed to acquire RNDC Michigan’s ADA business and, together with Imperial Beverage and Vintage Wine Company, to acquire RNDC Michigan’s wine business. GLWAS is also partnering with National Wine & Spirits (NWS) to acquire RNDC’s building in Livonia. The acquisitions are
CBrands Acquires Spirits-Based RTD Brand SpikedAde
Constellation Brands, Inc. said it acquired SpikedAde, a differentiated, consumer-led, spirit-based, ready-to-drink (RTD) beverage brand competing in the emerging sports drink-inspired "Ade" segment.
The transaction includes a $75 million payment at close for 100% ownership of the business, plus up to $278 million
Martignetti Cos. to Acquire Girardi Distributors
Martignetti Cos., the leading distributor of wines, spirits, and beer in New England, said it agreed to acquire Girardi Distributors, LLC in Massachusetts, marking another milestone in its growth strategy.
Girardi Distributors, LLC is a fourth-generation, family-owned beverage distributor established in 1933 and services the Western and Central