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The decision to book the US rapper as the headline act at the Wireless Festival has received widespread criticism in recent days.
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Hood River said the two Oregon distillers believe “combining their portfolios would create a stronger, more competitive offering” amid declining alcohol consumption in the US.
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The deal is a brand acquisition from Gambrinus covering the rights to brew, market and ship Trumer Pils in the US.
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CaraprodVin is based in Vrancea, which Purcari CEO Victor Bostan described as “one of Romania’s most important grape-growing regions, particularly for its white grape varieties and the distinct character they express”.
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Pam Patsley, chair of Keurig Dr Pepper's (KDP) board of directors, said: "Rafa is the right choice to lead the combined coffee business and launch Global Coffee Co.”.
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Telford Wine & Spirits (Shanghai) has been appointed to distribute Three Cents' sodas and tonics to on-trade customers in Mainland China.
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“It’s going to be one of the best protein drinks on the market,” CEO Ethan Brown said.
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Asked about the prospects for gross margins from Tilray’s alcohol business, CFO Carl Merton said “we think this is the bottom of the trough”.
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