C&C Group has unveiled that it has purchased wholesaler Nectar Imports from Asahi UK, with the newly acquired business set to be folded into the Matthew Clark Bibendum (MCB) operation.
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Trade body the Wine and Spirits Trade Association (WSTA) has urged the government to rethink the anticipated February 2027 increase of alcohol duty in line with RPI (predicted to be 2.9%), ahead of the Autumn Budget.
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In one sense, the unusually high levels of mergers and acquisitions (M&A) in the drinks trade right now are a worrying sign. The number of deals occurring is a direct reflection of the often-mentioned pressures currently bearing down on the industry as it faces one of the most challenging periods in its history. For companies, as Steve Nemeth, director of consumer M&A at investment bank Cavendish, puts it: “Growth, consumer behaviour and the economics of operating a drinks business are uniquely all changing simultaneously.”
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According to new analysis from Liv-ex, Burgundy has overtaken Bordeaux as the most traded wine region by value in a single month, for the first time since 2022.
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Pricing and wine discovery database Wine-Searcher has been acquired by GLX. The New York-based company is a subsidiary of Platin Sàrl, the Goudet family’s investment firm.
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Campari Group has unveiled its growth figures for Q1, with the Italian drinks giant seeing a +2.9% rise in organic growth. Despite the uplift, this figure did not reach the anticipated +5.1% growth figure markets expected for the company.
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Chilean wine heavyweight Viña Concha y Toro has seen its overall revenue increase by 1.7% for its 2025 financial year. When zooming in on the wine portion of its business this figure rises to 2.8%.
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Italian drinks company Campari Group has unveiled its 2025 financial results (year ending 31 December). The 2.4% organic sales growth seen during the year contrasts to other drinks giants which have struggled in recent times.
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Majestic-owned wine importer Enotria is set to put the roles of 50 employees into consultation. This represents around one-in-five of the Park Royal-headquartered firm’s workforce.
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Diageo has unveiled its results for the first half of the financial year up to 31 December 2025, with the company reporting declining sales. Organic net sales were down 2.8% while it has set a new minimum floor for its dividend of 50 cent per year, which compares to the 103.48 US cents per share it paid out for FY25.
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Australian industry giant Treasury Wine Estates (TWE) has posted significant losses for the first half of its financial year – $649m (all money figures detailed in AUD). This comes after settling its dispute with US distributor RNDC earlier this month and most significantly the writing down of the value of its US business in November of last year.
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Sussex wine producer Ridgeview Wine Estate has announced that it has been acquired by an investor consortium – QBRidge Ltd – led by Quantum Beverage Co (QBev).
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Fresh data from IWSR can reveal that global total beverage alcohol (TBA) consumption volume was in decline during the first half of the financial year, with a drop of -1% reported.
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The wine investment platform WineCap has released its Q3 2025 Fine Wine Report, highlighting a strengthening market background.
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Multinational wine producer Viña Concha y Toro has reported a strong third quarter, unveiling a sales increase of 10% - its eighth consecutive quarter of growth.
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Online wine retailer Virgin Wines has released its results for FY25. For the period ending 28 June 2025, the business saw revenues remain stable at £59m (FY24: £59m) with earnings slightly down.
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Many things have surprised me during 40 years in the wine business. Sometimes this was due to my naivety or ignorance. Sometimes it was the amazing abilities, creativity or kindness of others. And sometimes, alas, the mendacity or dishonesty of bad actors.
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Irish drinks company C&C Group has reported its trading for the first half of the financial year to 31 August 2025. The business saw net revenues drop 4% compared to last year, in line with its expectations for the period.
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Establishing a lay of the land for our new tariff world order is an unenviable task. For much of the planet the final tariff landscape is yet to take a solid form. For UK wine and spirits producers, however, there appears for now to be a clearer picture of how their drinks will be levied entering the United States.
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As we head towards the conclusion our Summer Q&A series Tom Gearing, CEO of wine investment firm Cult Wines, considers how his business has fared so far this year and the technology spurring on its progress.
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