03 December 2025
03 December 2025
CEO Jack Orr-Ewing chats international growth strategy, challenges in the US and his views on the state of the rum market.
The move follows the sale of one of Manna's Californian sites in West Sacramento to Redwood Beverages Group.
The US giant did not disclose the number of roles affected.
“We have had interest and some false starts in the past, but now we’re launching with a proper partner,” Crossip CEO Tim Blake said.
Olvi's CEO Patrik Lundell said the deal "aligns with our target of developing our multi-beverage portfolio and growing internationally through branded partnerships".
Becky O’Grady, who has been a member of Ripple’s board for the past five years, has been named CEO.
The deal covers 25 hectares of vineyards and winery facilities, with full operations due to start in September.
The Daou brand owner has decided to put in place "more conservative long-term market growth assumptions" due "to further moderation in US wine category trends".
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