business
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Three Spirit has announced the closure of its $3M Series A round of VC funding led by CircleUp Growth Partners, the early-stage consumer packaged goods investment fund. Created by a team of world-class bartenders and…
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French distiller Pernod Ricard has agreed to buy The Whisky Exchange, reports Bloomberg. The move vaults the Absolut vodka and Havana Club rum maker into one of the liquor industry’s largest online retailers. Financial terms of…
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Diageo has added Mezcal Unión to its Reserve range as part of its acquisition of Casa UM. The addition gives the British spirits giant an even stronger foothold in the agave spirits world–it already owns…
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The founders of online auction firm Whisky Hammer sister retail business Still Spirit have sold a 49% stake to Hong Kong-based whisky investment group, Rare Whisky Holdings in a multi-million-pound deal that’s projected 2.6 times…
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Blue Ridge Spirits & Wine Marketing has entered into a partnership agreement with Varela Hermanos, S.A. to represent Ron Abuelo in the U.S. market. Under the new arrangement, Blue Ridge will manage all sales and…
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Avaline is celebrating its one-year anniversary and the closure of its $9.5M Series A round of VC funding. In it’s seed round, the Cameron Diaz and Katerine Power-founded wine company had support from established VC…
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Spiribam, the house of Groupe Bernard Hayot’s (GBH) spirits brands, has acquired the Joseph Cartron Company. The acquisition will expand Spiribam outside of premium rum and further into specialty spirits, adding a wide range of…
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Ramón Bilbao has announced the launch of their inaugural US public relations campaign. Founded by its namesake in 1924 in Haro, Spain, the heart of Rioja, the winery has played a pioneering role in the…
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Moët Hennessy and Campari Group have announced the formation of a 50/50 joint venture with the purpose of investing in Wines & Spirits e-commerce companies and building a European e-commerce pure player. As part of…
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You read that right. This month there are real estate bargains to be had over in Castiglione di Sicilia, a place known as ‘City of Wine’ in Sicily. Situated on the slopes of Mount Etna,…