Diageo has agreed the sale of its Windsor business to the Bayside Private Equity and Metis Private Equity consortium, Bayside/Metis, for KRW 200 billion (approximately £124 million).
Villa Maria finds buyer after nine-month search
Marlborough-based wine producer Indevin has signed a conditional agreement to buy Villa Maria from parent company FFWL.
Diageo completes Chase Distillery deal
Diageo has completed the acquisition of Herefordshire-based craft spirits firm Chase Distillery for an undisclosed fee.
Diamond Jubliee port
The port house, Symington, is offering a 1952 tawny port to celebrate and commemorate the diamond jubilee of the British queen’s ascent to the throne of the United Kingdom.
170-year old Veuve fetches €30K
A 170-year old bottle of champagne salvaged from a shipwreck in the Baltic Sea has fetched €30,000 at auction.
Rémy sells Piper-heidseick to EPI
The Rémy Cointreau Group has announced the sale of Piper-heidseick – Compangni Champenoise to EPI (Européenne de Participations Industrielles)
Christie’s raises $11m in 36-hour wine sale
Christie’s has conducted a 36-hour wine auction in Hong Kong and New York, with sales totalling US$11.2m.
Pernod sells Suntory shareholding
Pernod Ricard has announced the sale of its minority shareholding in Suntory Holdings, which stands at around 1%.
Sale of Rémy Cointreau’s champagne division to go through
There are unconfirmed reports that the sale of Rémy Cointreau’s champagne division, which includes the the Piper-Heidsieck and Charles Heidsieck brands has gone through.
Pernod completes Ambrosio Velasco sale
Pernod Ricard Espana has completed the sale of its shares in Ambrosio Velasco to Diego Zamora for a total price of 32.4 M€ in cash.
Moscow: Vodka sales banned between 10pm-10am
Russia: Moscow is to ban sales of vodka between 10pm and 10am, according to reports.