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From Impact

CEDC Withdraws From Nemiroff Chase

Posted: July 7, 2010  By Christina Jelski

After expressing interest in acquiring the Ukrainian vodka firm Nemiroff in recent weeks, Central European Distribution Corporation (CEDC) has withdrawn from the bidding.

From Impact

Diageo Closes Pension Gap With Whisky Assets

Posted: July 6, 2010  By Christina Jelski

Diageo is using maturing Scotch whisky assets to help bridge a gap in the company’s pension layout.

From Impact

Diageo Targeting European Off-Trade With RTD Cocktails

Posted: July 6, 2010  By Dan Marsteller

Diageo is launching two ready-to-drink cocktails, J&B Manhattan and Pampero Mojito, in European markets this summer, as consumption continues to shift to the off-premise.

From Impact

New Zealand Winegrowers Say Excise Hike Aggravates Difficult Situation

Posted: July 2, 2010  By Dan Marsteller

Despite an excise increase on wine taking effect July 1st, 84% of New Zealand wineries surveyed by the New Zealand Winegrowers trade group will not raise prices.

From Impact

William Grant Finalizes C&C Spirits Deal

Posted: July 2, 2010  By Christina Jelski

William Grant & Sons completed its acquisition of C&C Group’s spirits and liqueurs division today, having agreed to the €300 million ($367m) proposal in March.

From Impact

Constellation Profits Bolstered By Svedka Sales

Posted: July 1, 2010  By Christina Jelski

Reporting positive results in its 2011 fiscal first quarter statement today, Constellation Brands has upped profits by 13% to $96 million for the three months to the end of May.

From Impact

Pernod Offloads Ambrosio Velasco Shares To Diego Zamora

Posted: July 1, 2010  By Dan Marsteller

Continuing to cull non-core assets, Pernod Ricard has sold its shares in Spain’s Ambrosio Velasco to Diego Zamora for €33.1 million ($41.2m) in cash.

From Impact

Chivas Bros Updates Aberlour Packaging

Posted: July 1, 2010  By Dan Marsteller

Pernod Ricard’s Chivas Brothers unit is giving its Aberlour single malt a bottle makeover this year in an effort to upweight its premium cues and “develop a visual consistency across the range.”

From Impact

Tequila Avión Rolling Out With Empire In New York, Young’s In California

Posted: June 30, 2010  By Dan Marsteller

Upstart ultra-premium Avión is making its debut in New York and California, partnering with Empire Merchants in the former and Young’s Market Co in the latter.

From Impact

Hennessy Launches Limited Edition Flask Sleeve

Posted: June 30, 2010  By Christina Jelski

Targeting younger LDA consumers, Moët Hennessy USA has introduced limited edition Hennessy V.S. flask sleeves, created with a silicon skin-like material and available in various interchangeable colors.

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