MBB

There’s a new beer shop on the block. Publick House Provisions, a new gourmet grocery from the owners of renowned The Publick House in Brookline was scheduled to open its doors on March 1, just one block from the beer bar-kitchen. All of the beers sold at The Publick House... Read More

The Sweden government has received seven indicative bids in the first stage of an auction of Absolut vodka maker Vin & Sprit. Bidding for the firm, the centerpiece of the country’s largest privatization program, starts at 4O billion Swedish Crowns ($6.18 billion). More than 3O firms were invited to participate... Read More

Pernod Ricard is buyING aperitif manufacturer Lillet, which is based on wine and fruit liqueur. for an undisclosed sum. Philippe Savinel, CEO of Pernod Ricard’s Ricard unit said Lillet is ‘a growing brand’ that will boost the company’s aperitif product range and reinforce its strategy of increasing premium products.

Diageo has abandoned its interest in buying Sweden’s Vin & Sprit, instead shifting gears by purchasing a 5O% interest in Ketel One for $9OO million. Diageo will have the right of first refusal over the sale of the remaining 5O% stake should the family decide to sell in the fourth... Read More

After more than 3O years of deliberation, federal regulators have proposed requiring the alcoholic-beverage industry to put nutrition and alcohol-content labels on their containers, setting off the equivalent of a barroom brawl among makers of beer, wine and liquor. Pushed by consumer groups, the US Treasury Department’s Alcohol and Tobacco... Read More