SunnyD Maker Harvest Hill Acquired by Castillo Hermanos
Harvest Hill Beverage Company, best known as the maker of kids drink brands SunnyD and Juicy Juice, has agreed terms for its acquisition by Guatemalan business group Castillo Hermanos, in partnership with private investment firm Centervew Capital. Terms were not disclosed, though a report in the Wall Street Journal pegged the deal at around $1.5 billion.
CGA: St. Patrick’s Day and March Madness Week 1 Outperform 2024 in the On-Premise
St. Patrick’s Day gave the on-premise a welcome boost, but it wasn’t completely sunny for the bev-alc industry, according to the latest report by CGA, the on-premise arm of market research firm NIQ.
Why Are Bars Still Slow to Adopt Non-Alc?
U.S. adult non-alc (ANA) sales may be closing in on the $1 billion mark, but many bars – including some of the country’s upper echelon – aren’t on board yet with slanging zero-proof cocktails.
Great Divide Acquired by Wilding Brands Platform
The Colorado-based Wilding Brands platform has grown again. Denver-based Great Divide Brewing has been acquired by the parent company of Stem Ciders, Denver Beer Co. and several other brands.
HFC President: Sunset Distributing is ‘The Guy’ For Craft in SoCal, Aims to Level Playing Field with Reyes & Other Large Distributors
Hand Family Companies made a splash Monday with a deal to enter the Southern California market through the acquisitions of Stone Distributing and Classic Beverage, creating a new subsidiary, Sunset Distributing. Speaking to Brewbound, HFC president and CEO JR Hand said he expects Sunset to “be the dominant wholesaler in the craft space in Southern California.”
On-Premise Update & Outlook – CGA by NIQ March 2025
The On Premise universe grew in December, particularly driven by openings of Casual dining outlets, which were the most common venue type.
Stone Distributing and Classic Beverage Acquired By Hand Family Companies’ Sunset Distributing
Hand Family Companies (HFC) has made a blockbuster deal to add Stone Distributing Company and Classic Beverage in Southern California to its newly formed Sunset Distributing subsidiary, the multistate independent Anheuser-Busch distributor announced today.
DISCUS: Industry Battles Tariffs Uncertainty, Anti-Alcohol Trends
Advocating for the federal government to untangle distilled spirits from tariff policy was the major theme at the annual Distilled Spirits Council of the U.S. (DISCUS) conference in Washington, D.C., last week.
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NBWA: Beer Purchasers’ Index Falls 19 Points vs 2024; Imports Contract for First Time Since 2020
Distributor sentiment for the beer category continued to fall this month, according to the latest Beer Purchasers’ Index (BPI) from the National Beer Wholesalers Association (NBWA).
Anheuser-Busch to Cease Production at Portsmouth Facility; Invests $1M in Wicked Weed’s Asheville Operations
Anheuser-Busch InBev (A-B) continues to reshuffle its craft brewing operations. The world’s largest beer manufacturer announced a $1 million investment in Wicked Weed’s Asheville, North Carolina-based operations that coincides with the winding down of operations at its 104,000 sq. ft. production facility in Portsmouth, New Hampshire, “over the next few months.”
A Round With …Ty Gilmore, President Tilray Beverages, North America
In the latest edition of A Round With … – a weekly Q&A with industry leaders exclusively for Insiders – Tilray Brands North America president Ty Gilmore talked with Brewbound’s sibling publication BevNET about how the company intends to leverage its scale to go deep in hemp-derived delta-9 drinks and how it is navigating the evolving regulatory landscape for hemp products in the U.S.
Anderson Valley Brewing Company Sold to Wine Industry Veteran
Anderson Valley Brewing Company (AVBC) has changed hands for the second time in a little more than five years. Wine industry entrepreneur Jason McConnell acquired the Boonville, California-based craft brewery in a deal that closed Tuesday, former owner Kevin McGee told Brewbound.
Brewbound Podcast: An Exit Interview with Bell’s Brewery EVP Carrie Yunker
Carrie Yunker ended her more than two-decade run at Bell’s Brewery on a high note Monday – Oberon Day, the annual release of the company’s spring-summer seasonal wheat beer.
🍀 Bev-Alc’s St. Paddy’s Luck Runs Out
In Wednesday’s Brewbound Newsletter: 🍀 St. Patrick’s Day Off-Premise Dollars -3.9% YoY; 💰 Oregon Proposes 8% Sales Tax for Beer & Wine; 🏟️ Allagash Joins the Mets and Tilray’s Stock Issues; 🌎 The No. 1 Centennial Hop Buyer; 🍊 Sierra Nevada Revamps Big Little Thing IPA.