Acquisitions

Full Glass Wine Co. said it acquired Wine Insiders from DRINKS, a pioneering and leading operating system for alcohol e-commerce. Terms weren't disclosed. Acquisition of Wine Insiders marks the second DTC wine brand purchased by Full Glass Wine Co., founded earlier this year by alcohol industry veteran Louis

This is the second time since 2019 that Pernod has reportedly sought to sell its wine business, which peviously was valued at about $1 billion.  The plan to sell the portfolio was first reported in the Australian Financial Review. No decision has been reached on a sale of Pernod'

That's according to records in the Napa County Recorder's Office examined by the Napa Valley Register. Gallo had said the acquisition includes the Rombauer Vineyards brand, three winery and production facilities, two tasting rooms with vineyard views, and over 700 acres of sustainably farmed vineyards in

Illva Saronno Holding SpA, known for the popular Italian liqueur Disaronno, said it purchased a majority stake in Sagamore Spirit and plans to move its North American headquarters to Baltimore Peninsula in South Baltimore, where Sagamore's distillery is located. The company's North American headquarters is currently

Splash Beverage Group, Inc. said it executed a Letter of Intent to acquire JEM Beverage Management Co. owners of the Western Son Vodka brand .  Terms of the transaction have not been disclosed as they are subject to reaching a definitive agreement. Western Son Vodka, founded in 2011 is headquartered in

Royal Wine Corp. acquired Northern California’s legacy winery Sonoma-Loeb, founded in 1981 by Ambassador to Denmark and American business magnate John L. Loeb, Jr. Terms weren't disclosed. Under the guidance of Chappellet Winery owners Don and Molly Chappellet and winemaker Philip Corralo-Titus, Sonoma-Loeb has risen to become

E. & J. Gallo’s Luxury Wine Group said it agreed to purchase Rombauer Vineyards, producer of critically acclaimed wines from Napa Valley, Sonoma County, the Sierra Foothills, and the Santa Lucia Highlands.  Terms weren't disclosed. Founded in 1980 by Koerner and Joan Rombauer, Rombauer Vineyards is known

Heineken N.V. said it completed the sale of 100% of its Russian business to Arnest Group for 1 Euro.  All remaining assets, including seven breweries in Russia, will be transferred to the new owners. Arnest Group owns a major can packaging business and is the largest Russian manufacturer of

Brion Wise, a former oil industry executive turned winery owner, has acquired Montagna, a 128-acre estate, at 1,200 feet elevation, which includes 42 acres and a 20,000-foot cave atop Napa's Pritchard Hill. Terms weren't disclosed, but in the early 2000s ot listed for $55

Hidden Oaks Vineyard in Clements, Calif., was recently purchased for $3.2 million by FarmTogether Inc. The 102-acre organic cabernet sauvignon vineyard will continue its operations with the new owners overseeing the business management and production of the vineyard. The Land Advisors Organization's agriculture specialists Quinn Mulrooney and