Drinks Americas

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Andy Morton | 11 Apr 2013

Drinks Americas Holdings has agreed exclusive distribution rights for Mexican craft beer Rio Bravo in the US.

Andy Morton | 7 Dec 2012

Marigold Brewing Company has signed a deal with Drinks Americas Holdings to brew the first Mexican craft beers launched in the US.

Andy Morton | 22 May 2012

Drinks Americas has appointed Douglas Cole to its board of directors, the company announced yesterday (21 May).

Chris Mercer | 25 Jan 2012

Drinks Americas is to mount a US$2m marketing drive on Kah Tequila, to coincide with the brand's nationwide launch in the US.

Chris Mercer | 12 Dec 2011

Drinks Americas has reported a leap in half-year sales following its deal to gain distribution 39 drinks brands owned by Worldwide Beverage Imports, but the company remained in the red.

Chris Mercer | 20 Sep 2011

Drinks Americas has reversed some of its heavy share losses with a statement to reassure investors about its trading.

Worldwide Beverage Imports (WBI) has signed a "definitive agreement" to purchase almost half of Drinks Americas Holdings in a deal that will see Drinks Americas handle a raft of WBI's spirit and beer brands.

Drinks Americas has expanded distribution of its Rheingold beer in the US state of Florida.

Drinks Americas has agreed in principle to sell a 49% stake in its business to California-based Worldwide Beverage Imports.

Drinks Americas Holdings has lined up the launch of its Rheingold beer brand in the state of Georgia.

Drinks Americas has reduced its net losses in the first half of it fiscal year, but sales fell sharply due to a lack of working capital.

Drinks Americas is to launch its Rheingold Beer in Maryland via Carey Distributors of Fruitland.

A lack of working capital caused net sales to plunge for Drinks Americas in the firm's fiscal full-year, with net losses also heavier than in the previous year.

Drinks Americas has confirmed an addition to its board of directors.

Drinks Americas has slashed costs in its third quarter, but has reported a drop in sales and heavier losses for the first nine months of its fiscal year.

Drinks Americas has cut its net debt by 15% as part of a strategy to improve the company's finances.

Drinks Americas has said that it expects net spirits sales in its second fiscal quarter to be significantly higher than last year.

Drinks Americas has signed a deal to receive an extra US$5m of investment, in order for it to meet operating costs and finance the launch of a beer endorsed by Kid Rock.

Drinks Americas Holdings has entered into a deal with the US music star Kid Rock to brew and fill kegs of a new beer brand American Badass Beer Company.

Drinks Americas Holdings has closed a private placement of debt to one investor that will result in the immediate funding of US$375,000 in cash for the company with deferred advances aggregating $2,625,000.

Drinks Americas Holdings has signed a deal with spirits distributor Meridian Street Beverage to distribute its products in Chicago.

Drinks Americas Holdings shipped ten containers of its newly acquired Olifant Vodka in the first quarter fiscal 2010 generating US$200,000 in sales.

Drinks Americas Holdings’ newly acquired Olifant Vodka is to sponsor of US music tour.

Yarraman Winery has pulled out of talks with Drinks Americas Holdings over a possible acquisition of the Australian wine company.

Drinks Americas has signed a deal with Premier Trade Solutions that will secure the drinks group an extra US$10m in working capital, it has said.

Drinks Americas Holdings has lined up the acquisition of newly-named Global Beverage Asia.

Drinks Americas is expanding its business in Ohio, the company said today (2 March).

Drinks Americas has appointed two executives to its sales and marketing team.

Drinks Americas, the US-based spirits group, has said it has completed its acquisition of Olifant Vodka.

Shipping problems and a weakening economy have caused a revenue decline for Drinks Americas in its first half, the US group has said.

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