Acquisitions

Monday was "a great first day" for employees of the former Silicon Valley Bank's Wine Division.  "This was probably one of the best outcomes possible," Rob McMillan, the founder and head of SVB's Wine Division, told us.   He was talking about the

Pernod Ricard USA agreed to buy a majority stake in Skrewball, the world’s first super-premium peanut butter flavored American whiskey. Terms weren't disclosed. The brand surpassed the symbolic milestone of half a million nine-liter cases sold in 2022. Flavored whiskeys appeal to a wide range of consumers,

Southern Glazer's Wine & Spirits said it plans to buy Miami-based WEBB Banks, the leading premium wine and spirits distributor in the Caribbean, Central America, and South America, as well as the travel retail and cruise sector. The acquisition, expected to close March 31, 2023, expands Southern Glazer’

Estate Vineyards LLC and TVP Acquisition Co. LLC, both affiliates of The Wonderful Co. amd Justin Resnick have purchased a 42-acre vineyard from Vintage Wine Estates for about $11 million.   The name of the vineyard wasn't disclosed.  But Clos Pegase, a Vintage winery, has owned a 42-acre vineyard

Purchase of the Ahmann vineyard property is the Cakebread family's largest Napa vineyard acquisition in its history.  Terms weren't disclosed. “With this 209-acre purchase, the total gross acres owned by Cakebread Cellars grows to 1,873 acres, including just under 800 plantable acres,” says Dennis Cakebread,

Entertainment Arts Research (OTC: EARI), a diversified beverage and media group, completed the acquisition of Perfectomundo, Inc., the producer, and the owner of the premium multiple award-winning tequila brand Perfectomundo Tequila.  Terms weren't disclosed.

Alpha Omega winery in Napa Valley, Tolosa winery in the San Luis Obispo Coast and Perinet winery in Spain’s Priorat announced their official merger today, formally creating the Alpha Omega Collective. The union coincides with Alpha Omega Collective expanding and upgrading its downtown Napa tasting room, debuting a Paso

Martignetti Cos. said it agreed to acquire Hartley & Parker Ltd., Inc. in Connecticut, further expanding the Company’s footprint in New England. Hartley & Parker, based in Stratford, is a premiere statewide distributor of fine wines and spirits, owned by the Rosenberg family.  The Company has been servicing the

Destiladora del Valle de Tequila, also known as Casa Maestri, one of the largest tequila producers in Mexico, said acquired Bellagave Infused Tequila, a 100% Blue Agave Tequila, infused with all-natural ingredients. The acquisition continues to expand Casa Maestri’s portfolio of high-quality, premium Tequila brands. Terms weren't

Eisele Vineyard paid $18.5 million for the 27-acre Alfred Frediani Ranch vineyard property.  The purchase increased Eisele's 38 planted vine acres 55%. Eisele's100% cabernet sauvignon is listed for sale at $650 a bottle for 1,950 bottles.