Acquisitions

Wallowing in red ink, Anchor Brewing Co., is closing its doors on Potrero Hill, San Francisco.  The brewery was "losing millions of dollars a year," said Sam Singer, spokesman.  "Economic pressures made the business no longer sustainable." Employees were notified of the closure by email Wednesday

Marchesi Antinori, one of the oldest Italian family-owned fine wine producers, has completed its previously announced acquisition of Stag's Leap Wine Cellars from Ste. Michelle Wine Estates, the largest winery in the Pacific Northwest and among the largest premium wineries in the U.S. This acquisition is the

Rodney Strong Wine Estates (RSWE) said it acquired River West Vineyard, a premium quality vineyard totaling 335 acres in the world-renowned Russian River Valley appellation of California. River West Vineyard has served as a single vineyard source of Chardonnay for several Rodney Strong Vineyards and Davis Bynum Wines since the

All Over Media, the largest multi-platform out-of-home media company in the U.S., has just acquired Boxi, the nation's largest truck media company.  Terms weren't disclosed. “In the twelve months ending in March 2023, U.S. drivers have logged 3.27 trillion miles, higher than any

The acquisition complements Gallo's existing Central Coast offerings, including the Smith & Hook, Hahn, and Hahn SLH brands. Terms weren't disclosed. The transaction excludes the Hahn family's vineyard assets. "For over forty years, the Hahn family and their incredible team have produced expressive

In a couple of months, a consumer who buys Guinness Baltimore Blonde beer will be buying a product brewed in New York, not in Maryland, much less in Baltimore, Diageo announced. Guinness Baltimore Blonde has been produced at the Guiness Open Gate Brewery in Halethorp, just outside of Baltimore.  Dageo

Shafer Vineyards purchased the four-hectare Altimeter vineyard in Atlas Peak, one of Napa Valley’s most renowned AVAs. Terms weren't disclosed. The vineyard purchase will help assure premium fruit for Shafer's Cabernet Sauvignon wines. “Acquiring this spectacular world-class vineyard is part of our unwavering, decades-long focus

Vino Vault, a fine wine storage, logistics, and advisory provider, announced today that the company had acquired Western Carriers' collector business. Located less than 10 miles from New York City, Western Carriers is one of the most well-known and respected providers of secure, climate-controlled storage and transportation services to

E. & J. Gallo Winery said it acquired Bev and its portfolio of premium canned wines and spritzers. The acquisition comes two years after Gallo obtained exclusive U.S. distribution rights for Bev and began to bring the popular brand to more consumers across the country. Terms weren't

Jackson family has formed a strategic partnership with Ensemble Investments, LLC (Ensemble), a leading developer, owner and operator of luxury hotels and commercial real estate, to purchase Vintners Resort – an intimate, four-diamond California certified green resort on a vineyard estate – from its founders, the Carano family. Terms weren't