Maison Louis Jadot acquires Santenay vineyards →
The winery and négoce house adds 18 hectares of Santenay vineyards for an undisclosed sum. The new vineyards add the premier cru sites of Maladière and Clos Faubard to Louis Jadot’s growing portfolio of Santenay properties, which already include Clos de Malte and Clos de Gatsulards.
Texas distillery receives $15M to boost production →
Rebecca Creek Distillery sold a minority stake to an investment group, raising capital to boost production, increase capacity, enhance marketing, create new jobs, and move forward with plans to build a new larger distillery, tasting room, and private event space. The company produces Rebecca Creek Fine Texas Whiskey, Enchanted Rock Vodka, and Texas Ranger Whiskey.
Indiana: Supreme Court overturns grant of Monarch affiliate's liquor permit →
The liquor license grant of Spirited Sales LLC, an affiliate of Monarch Beverage, was overturned by the Indiana supreme court. Judges alleged their affiliation to the major beer and wine wholesaler could have become a monopoly.
Gruppo Campari sells Carolans and Irish Mist brands for $165 million to Heaven Hill Brands →
A U.S. based distillery acquired all assets of two Irish whiskey brands, Carolans and Irish Mist vie Gruppo Calpari’s of 100% of the share capital of TJ Carolan & Son Ltd., a wholly owned subsidiary. Gruppo Campari will continue distribution of the products outside of U.S. markets.
