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Announced

E&J Gallo Winery to acquire Fishers Island Lemonade.

Synopsis

E&J Gallo Winery, a winemaking company, agreed to acquire Fishers Island Lemonade, a beverage brand. Financial terms were not disclosed. “In the ready-to-drink category, consumers are trading up to spirits-based cocktails and demanding more full-flavored, higher ABV products, reflecting the overall trend of spirits premiumization in the United States. Having known Bronya for over a decade, I have watched her bring Fishers Island Lemonade from a concept all the way to its success as one of the highest-quality and best tasting canned cocktails in the market. Spirit of Gallo is so honored that she has entrusted us with her visionary idea, and we are galvanized to work with her as she remains on board to guide the brand and serve as its official spokesperson. Together, we will highlight the unique sense and taste of island life to more consumers across the country," Britt West, Spirit of Gallo Senior Vice President and General Manager.

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