Tilray Acquires Green Flash and Alpine Beer
Tilray and Sweetwater announced plans to acquire Green Flash Brewing and the Alpine Beer Company.
Tilray Acquires Breckenridge Distillery
Canadian cannabis and pharmaceutical powerhouse Tilray continues to secure its footing in the US with the acquisition of Breckenridge Distillery in Colorado.
Breaking: Monster Sets Sights on Constellation Deal
Monster Beverage Corp. (NASDAQ: MNST) is contemplating a deal with Constellation Brands Inc. (NYSE: STZ).
Anheuser-Busch Acquires Maryland Seltzer Company
Hoop Tea has joined the Anheuser-Busch (NYSE: BUD) family.
Boston Beer Diversification Continues
The Boston Beer Company (NYSE: SAM) continues its strategic expansion Beyond Beer with the recently announced PepsiCo (NASDAQ: PEP) venture to develop and produce HARD MTN DEW.
Pepsi’s New Beverage Alcohol Company Could Include Rockstar
PepsiCo (NASDAQ: PEP) announced that it will be forming a new company to launch HARD MTN DEW, a spiked version of its Mountain Dew brand.
Pepsi Answers Coke, Hard Seltzer Wars Stage is Set
Industry insiders have been looking for PepsiCo to release its first hard beverage since its biggest rival, The Coca-Cola Company, announced the release of Topo Chico Hard Seltzer last August.
Boston Beer Signals Hard Seltzer Still Exploding with Pepsi Alliance
While the demand for the Truly brand may be waning, the hard seltzer category just received a jolt from a powerhouse brand. Boston Beer Co (NYSE: SAM) announced an alliance with PepsiCo (NYSE: PEP) to deliver HARD MTN DEW.
Pepsi Dumps Juice for Cash
PepsiCo has agreed to sell its Tropicana and Naked Juice brands to PAI Partners, generating $3.3 billion in cash. Private equity fund PAI Partners has controlling investments in Refresco, the world's largest independent bottler of beverages, which packages canned cocktails and beer, among other items.
Diageo’s Impressive Year Features Strong RTD Performance
Diageo (NYSE: DEO) reported its fiscal year 2021 earnings on Thursday. The international beverage alcohol company, and maker of Smirnoff hard seltzer, had an impressive year all around. The company reported “strong growth in net sales, operating profit and cash generation.”