US manufacturer and brewer of Busch Light, Budweiser and Bud Light, Anheuser-Busch, has invested $14m in its Houston, Texas brewery.

The Dead Rabbit team and managing partner Jack McGarry are expanding the Irish pub out of Manhattan, New York and into Austin, Texas.

Diageo has announced the acquisition of Balcones Distilling (‘Balcones’), a Texas craft distiller and one of the leading producers of American single malt whisky in the United States. 

BR Distilling Company in Memphis, US, has gained distribution across Texas as part of its rapid domestic expansion.

Diageo has maintained its acquisition drive by snapping up the firm that produces the Lone River Ranch Water hard seltzer brand.