Press Releases

Darden Restaurants Agrees To Acquire Yard House USA, Inc. For $585 Million; Adds Differentiated High-growth Brand To Darden’s Specialty Restaurant Group

Food, Press Releases, Restaurants Darden

ORLANDO, Fla., July 12, 2012 /PRNewswire/ – Darden Restaurants, Inc. (NYSE: DRI) today announced that it has agreed to acquire Yard House USA, Inc. for $585 million in an all-cash transaction from private equity firm TSG Consumer Partners LLC, management and investors. The total transaction price of $585 million includes approximately $30 million of cash tax benefits that are expected to be realized by Darden in fiscal 2013 […]

E. & J. Gallo Winery Announces Purchase of Columbia Winery and Covey Run Wine Brands

Press Releases Beverages, California, Gallo, Wine

MODESTO, Calif. (June 4, 2012) – E. & J. Gallo Winery (Gallo) announced today the purchase of Washington’s Columbia Winery and Covey Run Wine brands from Ascentia Wine Estates. Gallo has purchased the two wine brands and taken over the operation of the Woodinville and Sunnyside facilities. The purchase marks Gallo’s first expansion into the […]

Darden Restaurants Appoints Jim Lawrence to Chief Supply Chain Officer

Food, Press Releases, Restaurants Darden

ORLANDO, Fla., May 7, 2012 /PRNewswire/ – Darden Restaurants, Inc. (NYSE: DRI) today announced that Jim Lawrence will succeed Barry Moullet as Senior Vice President and Chief Supply Chain Officer effective May 28 as the Company begins its new fiscal year. In his new role, Lawrence will assume responsibility for sourcing, distribution and quality assurance across […]

Welch’s And Red Sox Nation Break A World Record

Agriculture, Beverage, Food, Press Releases Welchs

BOSTON, Mass., April 26, 2012 – Guinness World Records recently confirmed that a new record for the largest toast in one venue was set by 32,904 baseball fans raising a glass on April 20, 2012, at Fenway Park’s 100th anniversary. Nearly 40,000 cans of Welch’s Sparkling Grape Juice Cocktail were given out for fans to […]

E. & J. Gallo Winery Acquires U.S. Distribution Rights for Brancaia

Press Releases Beverages, California, Gallo, Wine

MODESTO, Calif. – March 30, 2012 – E. & J. Gallo Winery (Gallo) announced today that it had acquired the exclusive rights to distribute Italy’s Brancaia wines in the United States effective April 1, 2012. “This is a great addition to our Luxury portfolio of fine wines,” said Roger Nabedian, Senior Vice President of Gallo’s […]

Welch’s And Red Sox Nation Raise A Glass In An Effort To Set World Record

Agriculture, Beverage, Food, Press Releases Welchs

World’s Largest Toast In Celebration of the 100th Anniversary of Fenway To Take Place April 20 BOSTON, Mass., March 20, 2012 – Welch’s announced today that it will partner with the Red Sox to attempt the Guinness World Records® title for the largest toast in one venue while celebrating Fenway Park’s 100th anniversary. On April […]

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