SunnyD Maker Harvest Hill Acquired by Castillo Hermanos

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.

Why Are Bars Still Slow to Adopt Non-Alc?

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

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.

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HFC President: Sunset Distributing is ‘The Guy’ For Craft in SoCal, Aims to Level Playing Field with Reyes & Other Large Distributors

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.”

Anheuser-Busch to Cease Production at Portsmouth Facility; Invests $1M in Wicked Weed’s Asheville Operations

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

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 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.

🍀 Bev-Alc’s St. Paddy’s Luck Runs Out

🍀 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.