Shark Tank’s Robert Herjavec invests in Ben Buckler Whisky
Shark Tank personality Robert Herjavec has invested in The Ben Buckler Whisky Company as part of the company’s seed-funding round The post Shark Tank’s Robert Herjavec invests in…
Corporate news
Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
LVMH's Wine & Spirits Unit Sees Growth In Organic Revenue In First Half
LVMH's wine and spirits unit saw a 5% growth in organic revenue, to €2.6 billion, in the first half of its financial year.
United Spirits backs India’s ‘first’ limoncello
The Indian arm of Diageo has agreed to buy a 10% stake in a company that makes an Italian-inspired limoncello and a Korean-style soju The post United Spirits backs India’s ‘first’…
Brown-Forman turns down ‘unsolicited’ Sazerac offer
Jack Daniel’s owner Brown-Forman has rejected an “unsolicited” acquisition offer from US spirits competitor Sazerac The post Brown-Forman turns down ‘unsolicited’ Sazerac offer…
Jack Daniel’s owner rejects Sazerac takeover approach
Brown-Forman has rebuffed an unsolicited takeover proposal from rival spirits group Sazerac after its controlling family shareholders rejected the approach. The Jack Daniel’s and…
NIO Cocktails bets on UK under new owner
NIO Cocktails is under new ownership following the closure of Diageo’s Distill Ventures and a subsequent restructuring of the business The post NIO Cocktails bets on UK under new…
Sláinte whiskey eyes Ireland launch and RTDs
Backed by American actor Liev Schreiber, Sláinte Irish Whiskey has US expansion and more markets in sight, including Ireland The post Sláinte whiskey eyes Ireland launch and RTDs…
Diageo India reports 51.6% profit increase in Q1
United Spirits was propelled by double-digit growth in the Prestige & Above segment in its unaudited first-quarter results The post Diageo India reports 51.6% profit increase in…
Diageo’s India unit reports 52% leap in quarterly profit
United Spirits, Diageo's Indian subsidiary, has reported a sharp rise in first-quarter profit, fuelled by robust demand for its premium spirits portfolio. The post Diageo’s India…
Caledonia Spirits hires former Breakthru exec to lead expansion
Former Breakthru Beverage Group executive John Oliver has joined Vermont-based Caledonia Spirits as vice-president of sales The post Caledonia Spirits hires former Breakthru exec…
Nashville Barrel Co opens Louisville site
The Louisville Rickhouse Whiskey Company marks Nashville Barrel Co's third brick-and-mortar location and its expansion into Kentucky The post Nashville Barrel Co opens Louisville…
RTD brand Moth raises £11m for UK and US expansion
Canned cocktail brand Moth has closed its largest funding round to date as it eyes deeper retail presence in the UK and US The post RTD brand Moth raises £11m for UK and US…