Acquisitions

Brewing Science Institute (BSI), Woodland Park, Colo., has been sold to an Employee Stock Ownership Plan.  Terms weren't disclosed.  ButcherJoseph & Co. advised BSI on the sale. “As a result of this transaction, BSI is now 100% employee owned, allowing our employees to benefit from their hard work

Russell Mann has bought out his partners who cofounded Bombastic Brewing with him in 2016. Terms weren't disclosed.   Bombastic recently expanded from Idaho and is now available in Washington State, Montana and Utah.   Oregon is the next state the company plans to enter.  Along with the expansion, Bombastic

The vineyard, called "Carriger Two" by the Rombauer team, has been a primary source of Sauvignon Blanc for Rombauer, since they expanded the portfolio to include the variety in 2014. It sits adjacent to the Carriger One Vineyard, acquired by Rombauer in 2022, in a small pocket on

The 1,300+ acre collection of vineyards and land commonly referred to as the Paicines Vineyards located within San Benito County, California, was recently sold to Wine Group ("TWG"). The Mendrin Group, a leading agricultural brokerage, consulting, and advisory firm, served as the exclusive advisor to the seller,

Diageo said it agreed to acquire Don Papa Rum, a super-premium dark rum from the Philippines.  Diageo will initially pay Eur 260 million (about $280.37 million) with a further potential consideration of up to Eur 177.5 million (about $191.41 million) through to 2028, subject to performance. This

Breakthru Beverage Group said it agreed to acquire California-based Wine Warehouse, further expanding the Breakthru's footprint to the largest U.S. beverage alcohol market. Terms weren't disclosed. "We intend to make significant investments and be a competitive force in the market," said Tom Bené,

Brown-Forman Corp. said it completed its acquisition of the Diplomático Rum brand and related assets from Destillers United Group S.L. (Spain). The company announced its agreement to purchase the brand in October 2022, giving Brown-Forman an entry into the growing super-premium+ rum category. As part of the acquisition, Brown-Forman

Land Trust of Napa County will buy the Walt Ranch, ending a 17-year battle over putting vineyards on the property. Walt Ranch owner Craig and Kathryn Walt Hall are donating about 25% of the property's 2,300 acres, and the Land Trust is raising funds to buy the

Republic National Distributing Co. (RNDC), a leading national wholesale distributor of premium wine and spirits, announced a strategic partnership and investment in Thirstie, the leading enterprise e-commerce provider for the beverage alcohol industry. The partnership represents a major shift for the industry, bringing together a traditional wholesaler and an alcohol

Republic National Distributing Co. (RNDC) said it agreed to buy Ultra, a division of Horizon Beverage. The purchase includes operations in Maine, New Hampshire and Vermont. The transaction does not include the states of Massachusetts and Rhode Island.  Terms weren't disclosed. “This purchase is the last step to