Acquisitions

Breakthru Beverage Group, LLC said it entered into a Letter of Intent to acquire Republic National Distributing Co., LLC’s (RNDC) interests in its joint venture businesses with National Wine & Spirits (NWS) in Kentucky and Indiana. Upon closing of the transaction, Breakthru Kentucky and Breakthru Indiana will be fully

Groundstar Vineyard & Estate, founded by Chiara Shannon and Joseph Brent, said it acquired the historic Williams Ranch, a 247.02-acre property located at 7630 W. Highway 246 in the Sta. Rita Hills corridor. Terms weren't disclosed. The acquisition expands Groundstar’s stewardship to over 320 acres—

Lemmons Family Vineyards, owners of the historic Concannon Vineyard, said it acquired Cuda Ridge Wines, a respected Livermore Valley boutique winery known for its small-lot, award-winning Bordeaux-style wines. Terms weren't disclosed. Led by Tom and Paige Lemmons, Lemmons Family Vineyards continues to expand its portfolio

Wine Group said it acquired the  Phony Negroni non-alcoholic beverage line from St. Agrestis. Terms weren't disclosed. Established in Brooklyn, NY, the St. Agrestis portfolio offers Italian-inspired beverages found in over 7,000 retail and on-premise outlets across the U.S.   Phony Negroni is a

A couple of weeks ago, while everyone else in the media was assuming Brown-Forman Corp.'s future lay with Pernod Ricard, we asked why the descendants of founder George Garvin Brown would want to sell. We noted that Brown-Forman's earning performance has been stronger, its