E. & J. Gallo Winery announces acquisitions of Germain-Robin →
E. & J. Gallo Winery announced today that it has purchased California’s Germain-Robin. Gallo’s acquisition includes the Germain-Robin brand, the inventory of aged and aging brandies, and all finished goods.
Diageo completes Casamigos acquisition →
Diageo has paid $700 million for the acquisition of Tequila brand Casamigos. Diageo may pay an additional $300 million in an agreement contingent upon Casamigos’ good performance over the next 10 years.
Toscana's Ornellaia starts harvest →
Toscana’s Ornellaia said it had begun harvesting its Sauvignon Blanc and Viognier and said it had all the hallmarks of a “great” year, despite the recent heat-wave in Italy. It is believed that smaller crops can be qualitatively very good and warm weather often leads to disease-free conditions.
Researchers say an increase in alcoholism study used flawed data →
A recent study by JAMA Psychiatry suggested that the rate of alcoholism in the US increased by more than 49%. However, researchers argue that the data was skewed due to changing factors between research waves, including asking different questions, offering monetary compensation, and administering drug tests.
