Butterfly Equity to buy US wine group The Duckhorn Portfolio
The Sonoma-Cutrer brand owner’s CEO described the deal as “excellent news for the future of our company”.
07 October 2024
07 October 2024
The Sonoma-Cutrer brand owner’s CEO described the deal as “excellent news for the future of our company”.
History shows the sale of The Famous Grouse might spark other corporate activity, Richard Woodard writes.
In Good Company insisted the Fourpure brand will “essentially continue to exist in the same way it does currently”.
Cascade’s ownership has changed hands as Westward Partners has exited after four years.
Late last month, the Australian distiller requested the trading in its shares was halted amid talks over funding.
Hammoudeh Food Industries is the food and beverage manufacturing arm of the Hammoudeh conglomerate.
Executives from Diageo, Pernod Ricard, Suntory Global Spirits and Moët Hennessy will speak at the two-day event.
The European Commission said it will look to provide grants to vintners by the end of the year.
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Per GlobalData, the beer and cider market size in India was valued at LCU1,112.00 billion in 2023 and is expected to grow at a CAGR of >14% during 2024-2029. The demand for low-calorie products is steadily increasing in India, reflecting a broader trend towards healthier lifestyle choices. A stable economy has contributed to increased consumer confidence, which has positively impacted retail sales of beer and cider. In 2023, the Indian beer & cider sector’s volume sales surged by 10.3% annually.
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