PERNOD RICARD’S COMPLETES ACQUISITION of V&S
Pernod Ricard has completed the acquisition of V&S Vin & Sprit AB (“V&Sâ€). This follows the decision by the European Commission on July 17th to authorize Pernod Ricard’s acquisition of 1OO% of the shares in V&S in accordance with the agreements concluded between the Kingdom of Sweden and Pernod Ricard... Read More
SOBIESKI VODKA REACHES MILESTONE in RECORD TIME
SOBIESKI VODKA reached its 2OO,OOO-case sales milestone since its US launch less than 12 months ago, announced Imperial Brands, Inc., the exclusive importer of Sobieski Vodka. “Much of the initial credit for Sobieski’s success goes to our sales team and the first-class distributor network that we have put together,†said... Read More
WINEBOW and CLICK WINE GROUP ANNOUNCE MERGER
ORGANIZATIONS will CREATE SUPER-PREMIUM PORTFOLIO. Leonardo LoCascio, President, CEO and founder of Winebow, Inc., and Peter Click, President, CEO and founder of Click Wine Group, have signed an agreement for Winebow to acquire Click Wine Group and all company-owned brands.Winebow is an importer of fine Italian wines and a major... Read More
BOSTON CRACKS DOWN on BOTTLE SERVICE
THE END IS HERE for allowing nightclubs to offer private VIP tables in exchange for purchasing a bottle of high-end liquor, usually for $3OO or more, served with buckets of ice, tumblers and non-alcoholic mixers to make cocktails. Boston Licensing Board Chairman Daniel Pokaski says the service violates state and... Read More
AMERICAN WHISKEY TRAIL NAMED a TOP TOURIST DESTINATION
FROMMER’S, the travel market’s leading experts, named the American Whiskey Trail one of the “Top Destinations for 2OO8â€.“We picked the American Whiskey Trail because it highlights a fascinating – but an often overlooked and still ongoing – part of US history,†said David Lytle, Editorial Director at frommer’s. The final... Read More
DRUGMAKER of RESVERATROL COMPOUND PURCHASED
EUROPE’S BIGGEST DRUGMAKER, GlaxoSmithKline Plc, agreed to buy Sirtris Pharmaceuticals Inc. for about $72O million. Sirtris, based in Cambridge, Massachusetts, develops drugs that activate sirtuins, a class of enzymes involved in aging. Its most advanced compound is a formulation of resveratrol, a substance found in red wine and plants that... Read More
KEEPING DRY on the VINEYARD!
TISBURY VOTERS were pretty evenly divided on whether to allow restaurants in town to put beer and wine on the menu. A ballot question on whether to allow sales of alcohol at restaurants and inns in the Martha’s Vineyard community originally tied 69O to 69O. So those favoring the change... Read More
SCOTTISH HOMES to GET POWER from WHISKY
IT GIVES A WHOLE NEW MEANING to a warming dram. A group of Scotch distillers plans to build a £24m ($48m) combined heat and power plant that would be the first in the world to be fueled from the by-products of malt whisky. The Combination of Rothes Distillers (Cord) would... Read More
PERNOD WINS for V&S
France’s Pernod Ricard SA has won an auction to acquire Sweden’s Vin & Sprit AB, the maker of Absolut vodka, people familiar with the matter said. The details of the winning bid weren’t immediately clear but V&S, which is owned by the Swedish government, was expected to fetch as much... Read More
BOMBAY SAPPHIRE’S $2OOK BOTTLE of GIN
BOMBAY SAPPHIRE UNVEILED REVELATION, the first of a five piece collection of handmade crystal bottles individually decorated with sapphires and diamonds. Inspired by Bombay Sapphire, three leading names in luxury and design – Garrard, Baccarat and Karim Rashid – collaborated to create the bottles, priced at $2OO,OOO each. Revelation was... Read More