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February 2007
Review of the Industry: Consolidation in the Industry
Who owns what? Wine Business Monthly tracks the biggest deals of the decade.
by Doug Cook
The wine and spirits industry has been no stranger to mergers and acquisitions, but ever since Guinness and Grand Met joined to create giant Diageo in 1997, the industry has seen a wave of consolidation like never before. Each year brings more news of producers large and small being snatched up by larger players looking to broaden their portfolios or increase their distribution. In 10 years, the landscape has completely changed; some once-familiar names-like Allied Domecq, Seagram's, and Southco...
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