Silicon Valley Bank (SVB) has been acquired by North Carolina-based First Citizens Bank, according to a March 27 Federal Deposit Insurance Corporation (FDIC) press release. The purchase includes all of SVB’s U.S. departments — including the bank’s significant wine division, per the wine department founder and executive vice president (EVP) Rob McMillan.
In a March 27 email, McMillan shared details of the acquisition with VinePair:
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Tilray Brands will cease brewing at Terrapin Beer Co.’s 100,000 sq. ft. facility in Athen’s, Ga. The brand will shift production to other plants within
This is VinePair’s Booze News Weekly Roundup, where we gather the hottest headlines and product releases every Friday for a snapshot of what’s happening in
A brewery that historically focused on traditional Belgian-style beers rather than IPAs is introducing the popular style to its core product offerings. Allagash Brewing Company,
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