The Lakes Distillery secures US$5.5m investment from Comhar Capital

UK – The Lakes Distillery has secured £4.25 million (US$5.5 million) in funding from investment company, Comhar Capital to support its growth plans. The British business was set up in 2011 and produces single malt […]

AB InBev signs deal to brew Budweiser with 100% renewable electricity in Europe

GERMANY – AB InBev signed a 10-year Virtual Power Purchase Agreement (VPPA) with global renewable energy developer, BayWa r.e to purchase 100% renewable electricity for its European brewing operations. Under the deal, BayWa r.e will […]

Diageo invests non-alcoholic beverages brand Ritual Zero Proof

USA – Global beverage alcohol leader, Diageo through Distill Ventures, has invested in American spirits alternative brand Ritual Zero Proof to help drive Ritual’s growth in the US. The investment from Diageo will also help […]

French wine maker Delas Frères opens new US$20m winery

FRANCE – Rhône producer Delas Frères has opened a new €18 million (US$20 million) winery and cellar in Tain l’Hermitage, Southern France. The new 6,000 square metre facility has added 36 individually thermoregulated conical tanks, […]

Constellation Brands revises wine and spirits divestment deal to US$1.1bn

USA – Constellation Brands together with E. & J. Gallo Winery have agreed to revise their original deal in which the Corona beer maker is seeking to sell about 30 wines and spirits brands to approximately US$1.1 billion. […]