Just Drinks

Daily Newsletter

07 November 2023

Daily Newsletter

US private-equity firm MGD Acquisition scoops Griffo Distillery

“The next step for the business is scaling the brand” - co-founder Jenny Griffo.

Treasury Wine Estates has settled a “dispute” with Republic National Distributing Company over the US distributor’s exit from California last year.

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Ready-to-Drink (RTD) beverages market expected to grow at a CAGR of ~5% by 2027

A virtual world involving the sale of digital assets will inevitably require cyber insurance for protection against metaverse commerce risks. Metaverse could allow insurers to expand their policies to cover risks associated with virtual activities, transactions, and assets. Currently, there is a gap in digital protection, and a growing need to cater to these risks and develop innovative insurance products and services as the metaverse develops. Virtual insurance will be needed in various areas, from property to health and travel insurance in the digital world.