News

The liquor industry experiences a boom of buying activity. Indiana keeps beer and liquor distribution separate while Massachusetts considers raising alcohol taxes. The Wine Spectator releases their 2017 Restaurant Awards. The news we’re thinking about here at SevenFifty Daily.

Friday,
July 7, 2017
1. Beverage Daily

The Global Liquor Industry Continues Its M&A Streak

Large companies such as Diageo and Constellation Brands are eagerly acquiring liquor companies in a recent surge of M&A activity. Diageo’s recent notable $1 million purchase of Casamigos is just one example of an ongoing spate of buying.

4. Wine Spectator

Wine Spectator Reveals 2017 Restaurant Award Winners

Wine Spectator has published their 2017 Restaurant Awards including almost 4,000 restaurants from all over the world. The awards are given across three categories: Award of Excellence, Best of Award of Excellence and Grand Award.