Drinks Americas

Beverage industry company news

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US: Drinks Americas Holdings secures Rio Bravo distribution

11 Apr 2013

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

US: Drinks Americas takes Kah Tequila national with US$2m ad kitty

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.

US: Drinks Americas gets H1 lift from Worldwide Beverage Imports

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.

US: Drinks Americas steadies ship with trading update

20 Sep 2011

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

US: Worldwide Beverage Imports partners with Drinks Americas Holdings

29 Jun 2011

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.

US: Drinks Americas expands Florida distribution

16 Jun 2011

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

US: Drinks Americas sells stake to Worldwide Beverage Imports

13 Jun 2011

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

US: Drinks Americas elects board member

25 May 2010

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

US: Drinks Americas sales drop, losses deepen

23 Mar 2010

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.

US: Drinks Americas cuts debt

3 Nov 2009

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

US: Drinks Americas toasts Q2 spirits growth

7 Oct 2009

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

US: Drinks Americas secures funding for Kid Rock beer

18 Aug 2009

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.

US: Kid Rock to launch beer brand in Drinks Americas JV

2 Jul 2009

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.

US: Drinks Americas raises funds in debt placement

25 Jun 2009

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.

US: Drinks Americas signs Meridian distribution deal

17 Jun 2009

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

US: Drinks Americas’ Olifant sales ahead of expectations

9 Jun 2009

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

US: Drinks Americas’ Olifant to sponsor music tour

13 May 2009

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

AUS: Yarraman Winery quits Drinks Americas Holdings acquisition talks

1 May 2009

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

US: Drinks Americas raises fresh finance

6 Apr 2009

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.

US/CHINA: Drinks Americas readies Global Beverage Asia purchase

23 Mar 2009

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

US: Drinks Americas adds Willie Nelson to portfolio

2 Mar 2009

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

US: Drinks Americas follows Olifant buy with exec appointments

26 Jan 2009

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

US: Drinks Americas seals Olifant Vodka deal

16 Jan 2009

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

US: Drinks Americas revenue slides in H1

19 Dec 2008

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

US: Drinks Americas signs distribution deal in Germany

11 Dec 2008

Drinks Americas has said it has signed a 15-year distribution deal in Germany with local firm Zwilichiovskij Import-Export.

US: Drinks Americas to distribute Leyrat Cognac

21 Nov 2008

Drinks Americas Holdings has partnered with Domaine Maillard and Francis Abecassis, the maker of Leyrat Cognac, to market the cognac as part of the company’s portfolio expansion.

US: Drinks Americas signs Pixel distribution deal

29 Sep 2008

Drinks Americas has entered into a 15 year distribution agreement with Pixel International Trade for the sale and distribution of the company’s products in Israel.

US: Drinks Americas in Kid Rock beer partnership

23 Sep 2008

Drinks Americas Holdings has signed an agreement with rock and roll musician Kid Rock to develop and market a premium domestic beer.

US: Drinks Americas cuts loss, sales down in Q1

19 Sep 2008

Drinks Americas has cut its net loss in the first quarter, but suffered a dip in sales.

US: Drinks Americas readies Olifant Vodka purchase

16 Sep 2008

Drinks Americas has lined up the purchase of a majority stake in Netherlands-based Olifant Vodka.



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