Moet Hennessy bounced back and beyond last year.
Remy Cointreau has secured majority control of Epernay-based J de Telmont, marking the group’s return to Champagne.
Finland’s Altia and Norway-based Arcus are lining up a merger, with the former set to have the slight upper-hand in the new Nordic wine & spirits group.
Diageo has lined up the addition of Aviation American Gin to its high-end gin stable, spending up to US$610m on the brand’s privately-held owner, Davos Brands.
The impact of COVID measures on the US on-premise has hit Craft Brew Alliance hard in 2020, with the brewing collective posting a near-20% fall in sales from the second quarter.
Give your business an edge with our leading industry insights.
Declining demand for draught beer in the US, as lockdown measures came into play in March, have dragged on sales at Craft Brew Alliance in the first quarter.
Pernod Ricard has upped its majority holding in Monkey 47, taking full ownership of the German high-end gin brand.
Craft Brew Alliance has closed its final full-year with a second consecutive quarter of double-digit sales declines.
Pernod Ricard has made another investment in the gin category, this time acquiring a minority holding in the owner of Japanese high-end brand Ki No Bi.
Constellation Brands has emerged as the third major US-based drinks company to announce a change of CEO, with Rob Sands set to stand down early next year.