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Acquisitions

Martignetti to Acquire Quality Beverage

Martignetti Cos., New England’s leading beverage alcohol distributor, said it agreed to acquire Quality Beverage, L.P., in Massachusetts. Terms weren't disclosed, and the transaction is submit to supplier and regulatory approval. Quality Beverage is a leading distributor of beer and alternative beverages in Massachusetts, representing the

Who Is First Citizens Bank -- SVB's Acquirer?

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 to Buy Majority Interest in Skrewball Whiskey

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

SGWS to Buy WEBB Banks, Strengthen Capability in

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

Wonderful Co. Affiliates Buy Vineyard from Vintage Wine Estates

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-

Cakebread Cellars Acquires Carneros Vineyard from Jackson Family Wines

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

EARI Beverage Group Acquires Perfectomundo Tequila

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.