Daily Newsletter

23 September 2024

Daily Newsletter

23 September 2024

Full Glass Wine buys Splash Wines and Scout & Cellar

Full Glass Wine’s D2C portfolio includes Winc and Wine Insiders.

Conor Reynolds September 20 2024

Full Glass Wine Co. has bought fellow US direct-to-consumer operators Splash Wines and Scout & Cellar.

California-based Full Glass Wine said Splash Wines and Scout & Cellar will be grown using the company’s “centralised resources” and warehousing infrastructure.

Splash Wines is a DTC wine marketer that provides consumers with discounted pricing and wine offers. Scout & Cellar, based in Dallas, partners with US vintners to make brands such as Bookbinder and Bernhard. It also operates a DTC platform.

“We recognised that both Splash Wines and Scout & Cellar have strong, passionate followings and bring unique offerings to the market,” Full Glass Wine co-founder Neha Kumar said.

“These beloved brands have the potential to reach even greater heights, and we are excited to provide them with the resources and support they need to succeed. Our DTC approach allows us to directly connect with consumers, offering curated selections and tailored recommendations that enhance the wine-buying experience.”

In April, Full Glass Wine added to its direct-to-consumer wine operations with the acquisition of US peer Bright Cellars.

Full Glass Wine announced the deal alongside news it had closed a Series A funding round worth $14m.

The Series A funding round was led by Shea Ventures, the corporate venture arm of J.F. Shea Company.

Full Glass Wine said it is aiming to surpass $125m in revenue by 2024 and is forecasting annual sales of $185m by 2025.

Its portfolio also includes two US businesses – Winc and Wine Insiders.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close