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Acquisitions

Heineken Completes Exit from Russia

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 Buys Estate in Pritchard Hill

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

Farm Together Buys Hidden Oaks Vineyard

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

Who Is Bill Price?

Who Is Bill Price?

A vintner and entrepreneur, Bill is the proprietor of Price Family Vineyards & Estates, whose Head High Wines pledged 100% of online sales to Maui relief effort. Price Family Vineyards & Estates includes the ownership and management of iconic Sonoma Coast vineyards including Durell, Gap’s Crown, Walala, Alana, One

St. Supery Buys 48-Acre Vineyard for $14.8 Million

St. Supery Estate Vineyards & Winery purchased a 48-acre vineyard in Napa Valley's Rutherford appellation. The seller was LMR Wine Estates, and the transaction was estimated to be valued at $14.8 million. The purchase brings St. Supery's Napa Valley holdings to more than 1,

Get Ready for Next Round of M&A

Now is the time to prepare for the next wave of beverage mergers and acquisitions, whether it's lining up targets, getting finances in order, or identifying the biggest long-term trends that you need to lay the groundwork for now, Jim Watson, RaboResearch senior beverage analyst, says in

Molson Coors to Acquire Blue Run Spirits

Molson Coors Beverage Company agreed to acquire Blue Run Spirits (“Blue Run”), an award-winning producer of finely crafted bourbon and rye whiskies. The deal represents another step in Molson Coors’ evolution as a total beverage company while providing Blue Run with resources to continue its growth, the companies said.