Published Date
Print

GRIMSBY, Ontario, Sept. 11, 2017 (GLOBE NEWSWIRE) -- Andrew Peller Limited (TSX:ADW.A) (TSX:ADW.B) (“APL” or the “Company”) announced today that it has signed definitive agreements to acquire 100% of Black Hills Estate Winery and Gray Monk Estate Winery and has entered into a letter of intent to acquire 100% of Tinhorn Creek Vineyards, for a combined purchase price of $95 million. The three estate VQA wineries in British Columbia’s Okanagan Valley generated total revenues of approximately $25 million in their latest fiscal years. The purchase will be funded by a combination of $78 million in cash from the Company’s credit lines and $17 million worth of Class A common shares. The company expects to close all of the transactions on or before the end of October 2017.

“My grandfather started our business in the Okanagan nearly 60 years ago, and we have always been inspired by the Valley’s promise to make wines that rival the very best in the world.  We have long admired these leading estate VQA wineries and now it is a privilege to bring their ultra-premium wines and talented people into our family,” said John Peller, Andrew Peller Limited’s Chief Executive Officer. “With our investment and resources, these wines have the potential to grow, develop and compete in the growing luxury wine market around the world.”

Black Hills Estate Winery, located on the Black Sage Bench near Oliver, B.C., is one of Canada’s most prestigious wine producers with an award-winning portfolio of premium and ultra-premium wines, including its flagship Nota Bene, the number one ultra-premium red wine in Canada. Recognized for its terroir and 50 acres of vineyards, the winery consistently sells out of its high performing portfolio of VQA wines.

“Black Hills has been proud of how we have evolved our quality over the years. This new partnership allows us access to resources and tools to evolve even further,” said Glenn Fawcett, President, Black Hills Estate Winery.

Gray Monk Estate Winery, founded in 1972, is a family-owned and operated winery located in Okanagan Centre in the Lake Country region north of Kelowna, B.C. With a beautiful estate winery and 50 acres of grape plantings, Gray Monk is a favorite destination for wine lovers visiting the Okanagan Valley to enjoy BC’s best-selling Pinot Gris as well as other popular red and white wines.

“We’ve known the Peller family for many years and share and appreciate the same values and approach to quality winemaking. We are delighted to partner with them to continue the legacy of Gray Monk Estate Winery in the Okanagan,” said George Heiss, co-owner, Gray Monk Estate Winery.

Tinhorn Creek Vineyards, located on the Golden Mile Bench, the Okanagan’s only sub appellation, near Oliver, B.C., sits among 150 acres of vineyards and the winery’s prestigious and award-winning Miradoro Restaurant. Family-owned and operated since 1993, Tinhorn Creek produces both red and white wines  in the ultra-premium category sold through their loyal wine club, numerous on-site events, restaurants and fine wine retailers.   

“It has been the honour of my life to have helped build Tinhorn Creek, to make great wines with an attention to sustainability and most importantly, to run our business with empathy toward our employees, our customers and our community,” said Sandra Oldfield, CEO, Tinhorn Creek Vineyards.  “Andrew Peller will continue the long term development and growth in the Okanagan that we started.”

According to Randy Powell, the Company’s President, there is a significant opportunity for growth in the Okanagan wine region.  “Canadian consumers are becoming more and more interested in super and ultra-premium wines, and these are some of the greatest brands in the country,” Powell stated. “They complement our Western Canada VQA portfolio well and will significantly strengthen our presence in the region.”

Completion of the each transaction is subject to a number of conditions customary for transactions of this nature and, in the case of Tinhorn Creek Vineyards, entering into a definitive agreement.  In addition, the issuance by the Company of Class A common shares in connection with the transactions will be subject to the approval of the Toronto Stock Exchange.  Each transaction is independent of, and not conditional upon, the other transactions.

 
Published Date
Print

TORONTO, Sept. 19, 2017 /CNW/ - Corby Spirit and Wine Ltd. is thrilled to introduce the first annual Northern Border Collection Rare Release, a hand-picked selection from Canada's rarest casks. The range consists of Pike Creek 21 Year Old, 12 Year Old Cask Strength Lot No.40, Gooderham & Worts 'Little Trinity' 17 Year Old Three Grain and J.P. Wiser's 35 Year Old. The limited release will be available in Canadian stores starting in October. It is highly possible that this is the finest range of Canadian Whisky ever released.

 

The highly-anticipated collection is designed to showcase Canadian whisky and to underline Corby's commitment in driving the reappraisal of Canada's national spirit. The Northern Border Collection (Pike Creek 10 Year Old, Lot 40 100% Rye, Gooderham & Worts Four Grain and JP Wiser's 18 Year Old) has already proven it belongs on the world stage by taking home numerous prestigious awards over the last five years and continuing to be Unapologetically Canadian at its heart.

To compliment the Northern Border collection, ultra-rare expressions will be released in the fall. "This is an extraordinary line up of Canadian Whisky and should be part of any whisky collection," says Dr. Don Livermore, Master Blender. 

Dr. Don Livermore describes the Northern Border Collection Rare Release selection:
Lot No. 40 Cask Strength is a 12 year old, 100% rye whisky right from the cask. It sits at 55.0% abv, which emphasizes the spicy rye notes and complimenting new white oak. 750ml bottle priced at $69.95.

Gooderham & Worts Little Trinity is a 17 year old whisky which is a blend of three grains – corn, rye, and wheat. A nice sipping whisky where each grain will linger across the palate delivering a pleasant finish. This whisky celebrates the story of Little Trinity Church, a church that William Gooderham established in 1842 for his mill and distillery employees who couldn't afford the high pew fees in the area. 750ml bottle priced at $79.95

Pike Creek 21 Year Old is a unique offering in the Canadian Whisky category where it is finished in a Speyside Malt cask. This rare release demonstrates how whiskies from Scotland and Canada can complement one another to give a smooth and round sipping whisky. 750ml bottle priced at $89.95.

J.P. Wiser's 35 Year Old is one of the oldest Canadian Whiskies ever produced. It represents a traditional blended rye whisky that has experienced the harsh Canadian winters and warm summers over 35 years in our ageing warehouse." 750ml bottle priced at $164.95.

 
Published Date
Print

NEW YORK, Sept. 25, 2017 /PRNewswire/ -- Johnnie Walker is excited to announce the official release of Johnnie Walker Black Label The Director's Cut – a limited-edition whisky developed in collaboration with visionary Blade Runner 2049 director Denis Villeneuve and Johnnie Walker Master Blender Jim Beveridge. The new blend comes thirty-five years after Johnnie Walker Black Label appeared in the original Blade Runner film as an iconic whisky of the future.

The unique, custom blend and the futuristic bottle were created in partnership with Blade Runner 2049, opening in theaters October 6. Both showcase Johnnie Walker's commitment to progress and Alcon Entertainment's dedication to maintaining the legacy of the original sci-fi classic. Fans first saw a peek of the new bottle at Alcon Entertainment's Blade Runner 2049 Experience presented by Johnnie Walker at San Diego Comic-Con. The bottle will also appear in the new film.

To celebrate the promotional collaboration surrounding the film, Johnnie Walker has released four digital vignettes featuring Villeneuve, who discusses the project. "Like many fans, I remember the Johnnie Walker bottle from the first film, so it was a unique privilege to collaborate with Johnnie Walker on designing a totally original, custom bottle for the new movie," he says. "It was also a once-in-a-lifetime experience to help create the limited-edition Director's Cut blend, which perfectly captures the complex and mysterious world of Blade Runner 2049."

Beveridge noted, "What we have created in Johnnie Walker Black Label The Director's Cut is something really special that fans will be able to relate to and whisky drinkers will love. I was truly inspired by Villeneuve's artistic vision for Blade Runner 2049 and how it could come to life in this new blend. I learned that filmmaking is much like blending--you have to constantly be committed to creating the best possible outcome. Johnnie Walker blending tradition dates back to 1820 and I'm honored to carry on the legacy and collective memory of our other past blenders to ensure that the same whisky enjoyed today can be enjoyed responsibly in 2049."

Johnnie Walker has created a series of cocktail videos featuring five innovative Blade Runner 2049-inspired cocktails: The Deckard; Ode to Dreams; Penicillin 2049; Quest; and Ahara. These custom cocktails are prepared by some of the country's leading bartenders, including Ezra Star and Tenzin Samdo of Boston and Sam Anderson of New York City, giving fans a taste of the upcoming film.

Only 39,000 bottles of Johnnie Walker Black Label The Director's Cut have been produced and will be available in select countries around the world while supplies last. The rich, smooth blend has aromatic and vanilla flavors, with clouds of smokiness and will be bottled at 49% ABV - a nod to the futuristic period in which Blade Runner 2049 is set.

Whatever the century, whatever the universe, Johnnie Walker's commitment to the spirit of human progress endures. As we toast to the future, the makers of Johnnie Walker remind you to enjoy your whisky responsibly.

Johnnie Walker Black Label The Director's Cut is available for Blade Runner fans in the US and other select countries with an SRP from $89.99. Prices may vary.

 
Published Date
Print

TORONTO and NEW YORK, Sept. 07, 2017 (GLOBE NEWSWIRE) -- TouchBistro was named the winner of a Gold Stevie® Award in the Mobile App – Food and Beverage category in the 14th Annual International Business Awards (IBA).

“It is tremendously rewarding to know TouchBistro has been reviewed by an esteemed panel of judges and deemed the best international mobile app in the food and beverage category,” says Alex Barrotti, Founder and CEO of TouchBistro. “Our exceptional product team goes way beyond the extra mile to understand what restaurant operators need for their success, and to build that functionality into an easy-to-use point-of-sale solution that streamlines a restaurant’s operations, improves the customer experience, and increases table turns and the bottom line.”

The International Business Awards SM are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations.  

The 2017 IBAs received more than 3,900 nominations from organizations of all sizes and in virtually every industry, across 60 nations and territories, breaking all previous submission records. Stevie Award winners were determined by the average scores of more than 200 executives worldwide who participated on 12 juries.

Here is what the judges had to say about TouchBistro:

  • “It's really nice on the way how everything is constructively designed and laid out. I love the atmosphere of the idea and the structure of the whole entire feeling. I found it most interesting among the other participants.”
  • “Very robust and well thought out app. Usable design with nice balance of form and function.”
  • “Easy to use and a simple UI.”
  • “I wish all restaurants used TouchBistro, especially when the dreaded splitting of the bill occurs. I love the detailed features, they seem very helpful for both servers, chefs, and restaurant owners.”
  • “Great App! Will save a lot of time and effort for restaurant staff, resulting in quick and efficient service to customers.”
  • “User friendly and easy to use. Very creative.”

“The IBA judges from across the world were highly impressed with the nominations they reviewed this year. With the level of achievement documented in the nominations from 60 nations, the Stevie Awards are proud to honor organizations that demonstrate a high level of achievement in a variety of industries,” said Michael Gallagher, president and founder of the Stevie Awards.

 

Page 9 of 11

<< Start < Prev 2 3 4 5 6 7 8 9 10 11 Next > End >>