Deal News

Diageo’s Distill Ventures backs five new spirits brands

Distill Ventures (DV), the venture capital arm of spirits giant Diageo, has invested in five new spirit brands. The five…

Keurig Dr Pepper buys stake in US energy-drink maker Nutrabolt

Keurig Dr Pepper (KDP) has invested US$863m for a 30% stake in US energy-drink and recovery-beverage maker Nutrabolt. The “strategic…

Carlsberg’s Russia disposal “in full swing” as products remain on sale

Carlsberg has said its efforts to sell its operations in Russia are “in full swing”, with the Danish brewer expecting…

Australian investors scoop up T’Gallant from Treasury Wine Estates

Treasury Wine Estates (TWE) has sold Australian winery T’Gallant Wines to two Melbourne-based financial investors. Fund managers Ben Gray and…

Warakirri strikes US$42.5m deal to acquire two vineyards from Australian Vintage Limited

Agricultural asset manager Warakirri has bought two “large scale” vineyards from wine producer Australian Vintage Limited (AVG), in a deal…

AG Barr acquires Boost in US$25m deal

Scottish soft drinks manufacturer AG Barr has acquired UK peer Boost in a GBP20m (US$24.6m) deal, the two companies have…

Campari, Moet Hennessy JV goes all-in to be full owner of e-commerce site Tannico

Campari Group and Moet Hennessy‘s joint venture has taken full control of e-commerce site Tannico just over a year after…

Accolade Wines’ Australian sell-off continues as Circe Wines snap up Stonier

Accolade Wines has struck a deal to sell its Stonier brand and vineyards to Australian peer Circe Wines. The divestment,…

Deutsch Family Wine & Spirits buys stake in Cantera Negra Tequila

Deutsch Family Wine & Spirits has invested in Two Sons Imports’ Cantera Negra Tequila brand. Under the terms of the…

Casella Family Brands in asset sale to Australian peer Southern Premium Vineyards

Casella Family Brands, the owner of the Yellow Tail wine brand, has sold more than 30 vineyards to Australian peer…